Originally Posted by
an8150
hippifried, "Can't subject public safety to cost/benefit analysis [so you'd be prepared to see global GDP spent on, say, closing down a dodgy restaurant or treatment for a woman's diabetes?]. They have nothing to do with each other [you may not like it, and in fact it doesn't matter whether you like it, because will remain true nevertheless, but everything costs something]. Y'all've gotten off the subject of markets now, & moved into the realm of negligence. People shouldn't have to wait for the "market" to catch up with reality [for reality, see: my comments above. Plus, what do you think a market is, if not reality? What did you think you meant when you typed this last sentence?]. If a business puts the public at risk, regardless of fault, they need to be shut immediately [all cars place their buyers, and anyone in the vicinity of those cars, at risk; should all car manufacturers be closed?], until the problem gets fixed or they're gone. If someone knowingly puts people at risk for personal gain (cost benefit analysis), it's criminal. Nobody should have to put up with that kind of crap. People trump property. Always [assuming absolute property rights, what if A says of his priceless Stradivarius that he wishes it were saved first from a wrecked cruise liner? Do you propose that his wishes are ignored and he is forcibly prioritised over the instrument?].
This is just one example of the many many many reasons that egoism can't work in the real world. It's just a pipe dream, based on a half baked crackpot theory. "