What if advertising (in general) was banned? Companies would now have to compete on price alone, which would be good for consumers because prices would be lower. Would this in fact be beneficial to society? Would we then stop buying useless junk which we don't need and spend our resources more wisely. Would we become a more fair and efficient society?
At present it seems that only harmfull products (cigarettes and alcohol) are banned from advertising (and not everywhere for that matter).
Is advertising good, or is it simply trying to profit to the detriment of others?
I didn't find the right solution from the internet.