FDA Corruption Way Worse Than You Think

submitted by EthnocratArcheofuturist from self.debatealtright

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[–]Richard_Parker 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (4 children)

I loathe libertarianism, but regulatory capture is a legitimate concern.

[–]EthnocratArcheofuturist[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

What does this have to do with libertarianism?

[–]Richard_Parker 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

Everything: the standard rebuttal libertarians trot out against regulatory control of the market, goods and services, is regulatory capture. While it is a valid concern, it does not negate the need for regulatory oversight, as the Progressive era a century ago teaches us. Without things like the FDA people will peddle worm eggs as a diet aid.

[–]EthnocratArcheofuturist[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

the standard rebuttal libertarians trot out against regulatory control of the market, goods and services, is regulatory capture.

Libertarians aren't strong on argumentation are they?

[–]Richard_Parker 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

No, they are not. As I stated, it is a valid concern but there are measures available to prevent it. To just give up on the notion of regulatory oversight is absurd.

Btw, Sports supplements like protein shakes have had problems bc of the absurd notion they are not food drug. We need things like the FDA, just without regulatoey capture.