FIXES
This New York Times editorial titled "Killing the Regulators", really hit the nail on the head this Saturday. The opening sentence stops you in your tracks:
"The Chinese government’s extraordinary decision to execute its chief food and drug regulator for taking bribes and allowing the sale of tainted drugs is a perfect example of all that is wrong with China’s approach to regulation..."
That gets your attention. Some other excerpts:
"Beijing’s leaders — who disdain the idea of their own accountability — may think that killing the regulator is enough to reassure consumers at home and abroad that China is now ready to guarantee the safety of its products. But they’re wrong..."
"China’s dysfunction has deep roots. The Communist Party leadership has muzzled consumer advocacy groups and the press. The government is also loath to do anything that might hinder the country’s breakneck economic growth. With no public accountability, shoddy companies are allowed to cut every possible corner in their pursuit of business, often under the protection of corrupt government officials."
There are no easy, quick solutions here, including executing the guy at the top, after he signs a confession.
It's going to take a little more time than we all would like.
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