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Planet Money
The birth of the modern consumer movement
May 3, 2024
Ralph Nader, known for inspiring the modern consumer movement in the U.S., is discussed in this podcast. Topics include his battle in the 1960s leading to regulation debates, impact on safety regulations, collaboration against General Motors, triumphs in consumer advocacy, and debates on government intervention in consumer protection.
20:40
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- Ralph Nader's investigation on car safety ignited the modern consumer advocacy movement and pushed for regulatory reforms.
- Debates emerged on the extent of government intervention in markets and the effectiveness of regulations in ensuring consumer protection.
Deep dives
The Origins of the Consumer Advocacy Movement
Ralph Nader's investigation into car safety during the 60s revealed alarming issues, leading to the birth of the modern consumer advocacy movement. Nader's book, Unsafe at any Speed, exposed flaws in car design and triggered a push for government regulation to ensure product safety. This movement sparked debates on the level of government intervention needed in markets and the impact of regulations on consumer protection.
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