Originally Posted by
Adam1222
Actually, the argument "you get what you deserve" and blaming unsophisticated consumers for not being sophisticated , and saying that it's their fault for not lobbying is inherently anti-consumer. The point of consumer protection is to protect consumers who lack the knowledge to protect themselves.
That's your argument, it's not mine.
Consumer protection -- if that is even it -- is as it is because of large scale consumer apathy and very intensive anti-consumer lobbying by market participants. In a supposedly open, democratic system where consumers have a right to try to get what they want to be the law of the land, consumers in the aggregate being failed by government is not just the fault of the sell-side of the marketplace.