Well, the notion that we don't need any government regulation is just ridiculous. You can't trust businesses to self regulate, they will do whatever they can and screw anyone and everyone to turn a buck no matter what the cost. History is full of such examples.
I work in manufacturing, and I've heard this expression and seen it in action:
"People do what is
inspected, not what is
expected."
If they know that either no one is monitoring what they do, or if anyone
is watching and they won't be able to figure out who screwed up, there's not a lot of motivation to do it right. Yes, some people will indeed do as thorough and proper of a job as they can in the time available. Others are simply there because they get a paycheck, regardless of what happens during the course of their 8hrs+ of work a day.
Anyone who doesn't hate science has known for years that 99% of these supplements are crap. Well before this studies have shown many of them don't contain what is in the bottle, but just as big a joke is the notion that these herbs do anything anyway. Billions of dollars a year are literally pissed and shat away by people who have some nebulous fear of "drugs" and are easily marketed to.
As far as this recent thing is concerned knowingly selling people something that isn't what you say is a crime and there should be criminal convictions. Somehow I see nobody in jail over this, even though messing with food is particularly egregious.
But this is what the ignorant masses want. They want to be lied to and sold shit withot regulation. Free market for the win. Keep government out of my snake oil.
Imagine how totally fucked we would be if the FDA had no say over pharmaceuticals.
It's interesting hearing people from other some countries amazed at our system, here specifically, the way we market and actively advertise prescription medications.
"Ask your doctor if ____ is right for you."
No, what they're saying is "Tell your doctor that you want ____."
It's bad enough that the drug companies also effectively bribe doctors. Check around your doctor's office. In the ones I've been in, Pfizer, Bayer, GlaxoSmithKline all over. Clocks, stationery, binders, pens, plastic bags, you name it.
Or the outright payouts ("incentives") if doctors follow a predetermined treatment regimen.
Or the dentist: For a long time, my dentist was all Colgate products. At the end of each visit, I got a branded bag with Colgate products in it, some coupons, and a recommendation for Listerine as the best mouthwash out there.
Recently, they've switched to Crest. Listerine is also no longer the mouthwash of choice, it's now Crest complete. I wonder if any money traded hands there.