The problem is that people have a limited amount of caring and markets are really good at taking advantage of consumer ignorance. If you care about color rendering but don't know what color rendering is, you can't shop for it (and if you do know what it is you can't shop for it if it's not on the spec sheet).

It remains the case that you don't discard your identity as a person or personal responsibility when taking a job somewhere, and the purpose of an MBA for the last 40 years has been to produce crappier products for less money while charging consumers the same amount. It's not the MBAs place to set public policy, but it's also broadly an admission of some kind of serious cultural failure to say we need public policy to prevent a large group of people from stripping everything they get their hands on down to the studs for short-term gain, and it doesn't say great things about that group of people, either.