

There was/is a demand for slavery. Should we wait for these people to realize that maybe owning slaves is not okay and morally wrong? Or should we just outright ban slavery and not give two fucks how “the market forces” view such action? You tell me.
Your argument is, correct me if I’m wrong, that the demand for product X always necessetates its production/supply and that supply will cease when there is no more demand.
A valid argument based on basic market economic principles.
I argue that there are times, when the demand for something does not outweigh the cost incurred (by the society) from the production and supply of a product. Meaning there are cases, such as this one, when it is almost impossible to decrease demand and thus influence the production which in turn would decrease the cost incurred by the society. In my view, the State has to protect foremost its citizenry, not ginormous enterprises. If this protection means going against “market forces”, then so be it.
Both “products” cause harm to society while only a few benefit, so no, it was not a false equivalence.
But then again, I could be mistaken and feel free to correct me on anything. :))