You started a thread to slander Libertarians, you got your ass handed to you.
Nah. You think so but really, no one has made a case that is convincing to anyone but the members of your club.
So while you seem a tady hysterical and over-sensitive about me simply challenging a theory I'd heard from a Libertarian (on this board and in other places) there is no "slander" involved. Ya know, if you guys didn't go into hysterics every time someone disagreed with you, you might be taken seriously by more than 0.5% of the population.
You persisted by making
spurious and false claims whilst demonstrating abject ignorance.
OMG I was spurious! Was I Spast & Spurious?
Seriously dude, settle down. Have a nice cup of tea or something.
Lenin's USSR was indeed the most pure democracy in history. Do you even grasp what a "soviet" is? It's a congress or committee. The problem is that you lack a fundamental grasp of what a democracy is. Your neighbors voting on whether you should get dinner tonight might not be the great thing you imagine. You no doubt believe the USA is a democracy and have no grasp of what a constitutional republic is.
This is a challenge you are always going to have, if you want anyone to ever look at Libertarianism seriously. You guys all talk as if theory is or was reality. In THEORY, the Soviet Union would have had the greatest distribution of power but in REALITY, that was nowhere near the case. It is a perfect example of the flaw I spoke of. In theory companies would never intentionally decide NOT to recall a harmful product because it was dangerous - or even to allow it to go out in the first place. In reality, the examples of enitre industries harming consumers, endangering the lives of their workers etc... are too numerous to name.
You demonstrate no understanding at all of economic systems, thinking that "democracy" and "socialism" are mutually exclusive.
As for regulation, Have you ever heard of Underwriter's Laboratory? This is the U/L that you find on electrical and electronic equipment. Would you be surprised to learn that U/L is NOT a government body? In fact, it is purely voluntary - still you will find absolutely no products without U/L certification. Now you worship government as the highest manifestation of the human condition, so would you care to examine the effectiveness of U/L versus the FDA? Say appliance fires compared to Salmonella outbreaks?
Have you ever heard of Moody's? The fine folks who tolld us that CMBS' were worthy of a A+ rating. Funny, they're still around, aren't they.
You're logic is beyond flawed:
If there is one example of a company doing the right thing, this proves all companies will always do the right thing. Lovely theory.
In fact, the record of private certification agencies, ISO, IEEE, GAAP, etc. so vastly outperforms government regulators that there it is an absurdity.
But you don't grasp this.