eugenekop
12-06-2010, 05:16 PM
In the current political systems, the governments usually regulate businesses. For example If I get sold a faulty product, I have the right to return it for a replacement or my money back. That's a law.
The free market solution to this would be to have businesses show me a third party certificate which guarantees that the business follows some consumer oriented guidelines.
Now it seems like a good solution. But then I would expect even today that business owners will use it. Yet I have never met a shopkeeper that showed me any kind of certificate. My question to you is why do you think its so uncommon today?
The free market solution to this would be to have businesses show me a third party certificate which guarantees that the business follows some consumer oriented guidelines.
Now it seems like a good solution. But then I would expect even today that business owners will use it. Yet I have never met a shopkeeper that showed me any kind of certificate. My question to you is why do you think its so uncommon today?