> Consumers cannot protect their long term interests
If that's really true, then consumers are doomed. Nobody else can protect your interests if you are unwilling to do so yourself.
> the only organization that has the obligation and means to do so is the government.
Governments are subject to all of the same misaligned incentives that ordinary people and corporations are. Only it's worse with governments because they make the laws.
In other words, governments "solving" these problems is a "cure" that's worse than the disease.
If that's really true, then consumers are doomed. Nobody else can protect your interests if you are unwilling to do so yourself.
> the only organization that has the obligation and means to do so is the government.
Governments are subject to all of the same misaligned incentives that ordinary people and corporations are. Only it's worse with governments because they make the laws.
In other words, governments "solving" these problems is a "cure" that's worse than the disease.