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But it is a nice dodge for those profiting from outsourcing costs on the public.

From one angle, that is all modern corporations are: a mechanism for offloading costs onto the public, while privately pocketing the profit.

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Which is they they all should be regulated to make sure that they're doing more good for society than harm.
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Exactly, the burden for better behavior lies with the people with the power, agency, and information.

The consumer is did not decide on the formulation of Chemical X, they weren't there to see the day it accidentally melted through the floor, and if the customer was somehow a hyper-motivated scientist with the right training, the company isn't gonna share the data.

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