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[Cyrus rebuts to my comments on safety regulations and private roads]
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I don't feel like addressing this again. Let's just make this easy: let's pretend that I provided an argument about why the free market can provide safety inspection based on supply and demand. You and several others disagree, and I and the rest of the ACer's argue your disagreements.
There, I like that better.
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I'd assume (I'd concede, if you want) that the primary objective of any organisation, and espcially of a bureaucratic, hierarchical organisatiion, is to perpetuate itself, i.e. the equivalent of the reproduction instinct in living beings. So, yes, the FDA, like most aforesaid organisations, first and foremost would want the necessity of its existence continuously affirmed and strengthened. Which would affect its overall work, in some way, one supposes.
Still, and that's the significant difference, such a motive pales in comparison to the importance of the motive behind the private organisation putting out its products (drugs): that organisation's sole objetive is profit maximization. Apparently, people have wisely decided to check that motive, as best as they could, through the creation of social woking agencies such as the FDA.
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The incentives are not terribly different. The FDA, like any market business, is run by people. Individuals. Greedy, self-serving, goal-oriented human beings. The people in the FDA want to increase their personal wealth just like the people in the drug companies.
The FDA, as a whole, has no collective hive mind trying to pertetuate itself, that's just an inevitable result of profit maximization. For the FDA administrators, like any government agency, to accomplish their goal of profit maximization (and thereby perpetuate itself), it has to be able to claim to the government that it needs more money. To claim this, it needs to fail.
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I'd vote for the FDA to be re-organised, overhauled, whatever, but I would not vote to do away with the FDA.
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You must use a different definition of "overhauled" than the one I'm used to
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