Needless to say, the privatization of food safety oversight is a shockingly bad idea, especially when it comes to meat companies that have shown themselves willing to ignore employee safety during COVID, nevermind animal welfare ever. But this is also a GOVERNMENT decision.
As the great Karl Polanyi taught us, the illusion of "free markets" hides active policies; the conditions of "laissez faire" capitalism have to be created & enforced at all times. Society suffers as a result. The naturalization of such politics is the foundation of neoliberalism.
The political lesson here is that this is not some inevitable result of "the market" at work. Rather, this is politicians bending to pressure from special interests. Part of democratic politics must involve the regulation of industry to protect society from capital.
tl;dr: Regulation is not only good, but necessary to protect society & the planet from capital. Deregulation is bad because it lets capital externalize costs onto society/labor/the planet. The idea that "deregulation is good" is pure ideology (Zizek voice).
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