MARK 4500 Lecture Notes - Lecture 15: Consumer Protection, Personal Finance, Capitalism

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The wobbly path: to a new consumer protection agency (cpa) from president ford. Why was it so difficult to create a cpa? (goes along with liz cohen reading on elc: cpa was a line in the sand for many businesses (a point which they will not cross) Questions about 3rd era cpa many other consumer activists and organizations threw themselves into as the best way to ensure that the consumer interest would be considered in every federal legislative, Rosenthal, ny) independent, cabinet-level cpa, an effort that ralph nader (dealt with auto industry) and (cid:498)the showdown moment(cid:499) over (cid:498)the prolonged and ultimately failed pursuit of an executive, and judicial policy decision(cid:499) Assoc. of manufacturers(cid:524) (cid:498)an insulting attack on the honesty and responsibility of american business(cid:499) (cid:498)the mother of all regulation(cid:499) consider it would follow epa, osha, cpsc: pres. The three-pronged strategy not only killed the cpa but also framed the next 3 decades" market orientation.

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