Do you really think if a company could prove it provides double the survivability of accidents compared to others, the free market wouldn't reward it?
Your claim simply doesn't match reality.
Do you really think if a company could prove it provides double the survivability of accidents compared to others, the free market wouldn't reward it?
Your claim simply doesn't match reality.
Regulation and regulation alone provided us with seatbelts and safety glass. Car companies even ran a massive lobbying and advertising campaign to convince America seatbelts weren't necessary with slogans calling drivers in car accidents "the nut behind the wheel" https://99percentinvisible.org/episode/nut-behind-wheel/
I don't think that anyone is arguing that. I think the point is that the free market doesn't deliver these kind of safety features w/o the "incentive" of government mandates. Whether that is b/c the market doesn't demand those safety features in the absence of a mandate is another issue.
Volvo had them standard, but Volvo has also never been above 1% market share in the US [1]. If a tree falls in a forest and nobody is there to hear it, does it make a sound?
[1] https://knoema.com/infographics/floslle/top-vehicle-manufact...
The part we should be worried about is that it took 9 years for the govt to require it. 50 years from now, we'll be talking about how stupid it was that drones didn't have safety features.
Safer than who? Model T fords? How many Tesla's are on the road anyway? In which countries? What about Ferrari? Mercedes?