"How much sawdust can you put in a Rice Krispy treat before people notice?"
Answer: As much as they can legally get away with. If you've ever eated grated Parmesan cheese from the store, you've eaten sawdust. They list it on the can as "cellulose."
I usually think of myself as a libertarian, but end up getting into arguments with other people who think they're libertarians. My version of the libertarian government has a very powerful EPA, child protective services, and fda. Because the freedom to do what you want with the things you own does not extend to polluting. Children are their own humans and needs their freedom protected, you don't own them and can't abuse them just because they live in your house. Also you can make and eat whatever you want, but you're not allowed to poison people.
It's like the phrase, your right to wave your fists in the air ends at my nose. Do whatever the hell you want, as long as it's not hurting anyone. But it's not a trust based system.
I mean, they're doing it anyways without a free market, so long as you stamp not tested by the FDA or some shit. You can claim all kinds of crap and get away with it now.
I had an internet discussion with someone who believed that all regulations are bad. I don't think s/he's a troll, but tried as I might I couldn't get this person to agree that at least some regulations might be good.
Can't remember off the top of my head, but one argument was that even for major safety violations, the market would put them out of business, and other companies won't do it. I said that this would be after the damage is done and people/environment are hurt, but the person said that regulations are reactive anyway and companies would just stop doing it. It was very frustrating trying to get this person to agree that maybe some regulations can be good.