Regarding the precautionary principle I think corporations would love to throw it away. The alternative Ignorance principle sounds much cheaper. Actually all regulation costs money so it would be nice to abolish it and let the free market resolve all the issues – the strong will survive and the weak will perish.
I like how the free market resolves the quality issues, now to buy a can opener that can open one or more cans you need to find a good brand. Even then there is a limit how much can you use it: http://en.wikipedia.org/wiki/Planned_obsolescence
Do like to remember as well when a bicycle used to last 20 years? Even when you actually use it…
