2007-12-12 05:17:45 · 15 answers · asked by alphabetsoup2 5 in Politics & Government ➔ Politics
"The Jungle" by Upton Sinclair is a pretty good reason why the answer is obviously, "NO."
No matter how much the uber rich whine about "over regulation" the simple fact of the matter is that businesses will NOT "do the right thing" unless they are FORCED to.
It's called "greed" and it has become the American ideal.
2007-12-12 06:53:39 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Definitely not! Yes, the system over-regulates medicine. And yes, the double blind testing is so expensive that it can only be used on artificial drugs (because herbs can't be patented.) And yes, our testing methods seem to prefer drugs that have side effects due to their enhanced placebo effect. (People have more belief in a drug if it has a side effect because they can feel it working.)
However, even with all these regulations there are countless examples of people being harmed by unscrupulous businessmen. People are getting heart attacks from drugs that should never have been put in the market. My sarcastic example above is only slightly tongue in cheek; many men would put poisons in gelcaps and vend them as wonder drugs for a fast buck.
If we allow the free market to control the medicine market peoples lives will be completely dependent upon the customer's ability to do his own research. You may be able to thumb through that kind of information, but I don't know anybody who can.
2007-12-12 05:32:56 · answer #2 · answered by kaminegg 3 · 1⤊ 0⤋
No.
The free market doesn't work. It failed America way back during the Gilded Age of robber barrons.
You had a handful of people controlling vast monopolies and owning most of the wealth, while everybody else was slaving away in dangerous work conditions for slave wages.
What we have now is finely tuned and regulated capitalism with laws and programs to help the little guy work his way up, and to make sure corporations don't abuse workers, consumers, citizens, and the environment.
2007-12-12 05:28:02 · answer #3 · answered by Anonymous · 3⤊ 0⤋
Of course not. Once the neocon, globlist big business goons are gone, hopefully, regulatory rules, like in drugs and food can be inacted again and more people hired to do the job. Just a small amount of people now are working in the FDA.
2007-12-12 05:23:45 · answer #4 · answered by Neomaxizoomedweebie 3 · 2⤊ 0⤋
Thomas Jefferson suggested that "the organic order of issues is for the government to income new floor mutually as liberty yields". Alexander the great had a word he coined that meant the same. in actuality, as quickly as the recent republic has been shaped the character of guy is to apply his place to income himself. only the perception that somebody else will do the same is what pushes distinctive those persons to proceed pursuing those ends. additionally, as quickly because it has all started no one is particularly on top of issues anymore. evaluate besides marketing campaign finance. company gets in contact or maybe if if somebody have been properly meant, via the time they develop sufficient money to run for workplace they owe maximum of human beings who it somewhat is almost impossible for them to alter direction. Plus it is not likely that a properly meant guy or woman be recruited for the placement.
2016-11-26 01:13:38 · answer #5 · answered by ? 4 · 0⤊ 0⤋
No. Even though Government is not letting businesses owners run a businesses how they would like, there still must be some basic laws governing business. It's like having a playground with a fence around it. But the fence should be big enough.
2007-12-12 05:20:37 · answer #6 · answered by mustagme 7 · 1⤊ 0⤋
Free Market is the biggest threat. Today US is already too free for its own good.
Regulation is key.
Murphy Law: Under normal conditions of temparature and pressure, a free human being will do what ever he damn well pleases.
2007-12-12 05:32:07 · answer #7 · answered by Think Sane 2 · 3⤊ 0⤋
No, because the free market is not working. Look at the crap that China is giving us.
We still need a checks and balance system in the free market system.
2007-12-12 05:24:12 · answer #8 · answered by whitesox1967 1 · 4⤊ 0⤋
Yes. The FDA's function could be replaced by insurance and doctors. Insurance company's could refuse to pay if Doctors don't think a drug works or is dangerous.
It does not serve any company to put out a product that is dangerous or that does not work. In the long run they would be put out of business. If a company kept putting out drugs that "work" but they really never do , people would stop buying them and the same goes for "unsafe" drugs. People would be able to sue and a company would get a bad reputation
2007-12-12 05:21:12 · answer #9 · answered by TyranusXX 6 · 0⤊ 4⤋
It might as well, along with all labor laws, safety laws, and every other business regulation.
Why should we burden US companies with such laws when foreign companies don't have to comply with them. We have a flood of unsafe products coming in from China, goods on the store shelves made by child labor in India.
All these law are accomplishing is making it impossible for American companies to compete in their own countries with foreign competitors.
What is the sense of having these laws if foreign compaines need not comply with them?
2007-12-12 05:35:02 · answer #10 · answered by Anonymous · 1⤊ 2⤋