Tip to DACO 1: Reducing Corporate-Consumer Information Asymmetry*

    Currently, under the long history of Republican-influenced US administrations, a great deal of information asymmetry resides between consumers and corporations.  A corporation can nearly instantaneously find out the complete payment history of any consumer, while it is extremely difficult to acquire information pertaining to poor corporate service in an immediate manner.   In other words, when you fill a form to obtain a "Sears card", your complete payment history is immediately available to Sears, but for you to find out whether Sears (used as a hypothetical example only) has been overly late on delivery of its services is extremely difficult.  This phenomenon is known as "information asymmetry" because of the vast disparities of available information between the two parties, a worrisome trend that has drastically increased during the last two decades of neoliberal privatization.   This information asymmetry exists across hundreds of economic sectors, from publishing services such as print-on-demand to...Sears.  It is therefore suggested that a universal service be created, crossing ALL industrial and service segments in an economy, that provide such information instantaneously to ANY consumer.   In such a scheme, you (the consumer) could type in the name of any company, and find out whether it is in fact providing the goods and services as it claims to do so.  De-facto "rights" which corporations have readily assumed in the last decades should automatically be extended to all consumers.  The computer revolution made this a feasible scenario decades ago, and it is now up to the politicians to turn this into a reality.