You can't trust users to make sane choices when it comes to privacy in the exact same way that you can't expect drivers to decide if a car is safe to drive or not. Joe Sixpack isn't going to use browser privacy extensions, clear their cookies, use tor, etc.
Some entity (probably a government/administration of some kind, but I can see NGOs doing that too) needs to be tasked with enforcing privacy laws in the same way that (at least in most of Europe) you are required to have your car inspected for safety and maintenance every few years.
EDIT: Across the EU, the Commission for the Protection of Privacy [1] would be that entity. There are additional government instances in various member states, like CNIL [2] in France.
[1] http://www.privacycommission.be/en/european-union [2] http://www.cnil.fr/ - http://www.cnil.fr/english/
Now say one of your many Facebook friends posts a photo of you or your child on Facebook and tags you in it. They might not even realize that the photo has been automatically geotagged by their phone.
In a situation like that, you'd care about the info posted on Facebook, and you'd have no control over it. You can't force someone to remove a picture of you.
Expand it to Google services and the answer is definitely yes. Facebook takes the data you supply it with, but it also quietly takes things like details of the sites you've visited while logged in that has a "Like" button on them, geo location from the mobile apps, etc.
Google, however, takes everything. Your search history, everyone you've contacted through gmail, your purchases that you've received receipts for through gmail, your location data from Android phones or Google apps, your phone contacts if you've them synced across Google accounts and more.
If you leave location services on, on an Android phone, you can literally view your movement history on Google. Where you've been, when you went there, etc.
I'll be forthcoming and say I mindlessly use these services and serve up the data to Google in exchange for convenience, but in terms of threats to our privacy Google is way, way ahead of Facebook.
It's very hard to decouple from Google. Facebook is easy. I've a Facebook account with minimal information about me on it that I use to keep in contact with family members as I live abroad now. I log in through incognito mode and when I'm done log out. I don't have Facebook owned apps on my phone. The amount of information I serve up to Facebook is nothing compared to what Google get from me every day.