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D <nospam@example.net> wrote:Lots of ifs and buts here. I disagree with you, and given the nr of businesses that exist, street food vendors etc. in non-regulated countries, we all seem to be doing just fine.>>
Needless to say, it is not very good business strategy to poison your
customers. I think that is all I will say about this thought experiment.
If you _really_ would like to seriously explore the why and how, I can
recommend excellent books.
It's a very effective strategy when you have a seemingly-endless set of
new customers available to you, and when you can keep a low enough profile
that potential customers and survivors of former customers cannot identify
you.
The two examples given were good ones that happened in the US long ago,And yet here we are, and China is more prosperous than ever, while europe, the master of regulations is sliding down into socialism.
but you can see plenty of examples in China today where safety legislation
does not exist and the market is either not sufficiently informed to realize
they are using toxic materials or have no other alternatives.
>
It's also worth looking at the example of the American tobacco industry.
--scott
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