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===CONSUMER PROTECTION=== | ===CONSUMER PROTECTION=== | ||
The right to produce and purchase products and services must not be restricted by law. | The right to produce and purchase products and services must not be restricted by law. | ||
Regulations intended to protect consumers have often had the opposite effect, since government rarely knows as much about consumers' needs as they do. So-called consumer protection laws are often used by established businesses to stifle innovative rivals. | Regulations intended to protect consumers have often had the opposite effect, since government rarely knows as much about consumers' needs as they do. So-called consumer protection laws are often used by established businesses to stifle innovative rivals. | ||
In addition, such laws have caused considerable harm by lulling consumers into assuming that government would protect them from bad products and services. In the free market, consumers would be protected because: | In addition, such laws have caused considerable harm by lulling consumers into assuming that government would protect them from bad products and services. In the free market, consumers would be protected because: | ||
a. A good name is an asset to a business and it can best be maintained by fair and honest dealing. | |||
b. The use of certificates, guarantees, and warranties issued by manufacturers and suppliers of goods and services is a protection to the consumer. | |||
c. Both professional and non-professional people can voluntarily form associations for the specific purpose of maintaining high standards both in work and behavior. | |||
d. Privately-owned consumer protection organizations producing journals and magazines would proliferate in a free market. | |||
We therefore endorse and advocate the following: | We therefore endorse and advocate the following: | ||
a. The elimination of all government consumer affairs bureaus or departments such as the consumer Product safety Commission, (CPSC,) and the food and drug administration, (FDA.) | |||
b. The repeal of all laws regulating the production, transportation, sale, possession, advertising, quality, safety, or use of any product or service. | |||
===ENERGY=== | ===ENERGY=== |
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