How is not an "effective" warranty program?
Their warranty covers "for as long as the original purchaser owns the product against defects in material or workmanship."
A worn-out ratchet is not "defective" - it's worn out.
A ratchet that worked fine out of the box
Is a ratchet that worked fine out of the box. That is "malfunctioned" several months later most certainly isn't any indication there's anything "defective" about the materials or workmanship.
Then you should start your own business and show them all how to do it right.
Every manufacturer on the planet has something on backorder at some point. It is one of the facts of life.
To believe otherwise is simply delusional fantasy.
More delusional fantasy stuff.
So... let's say Ford runs out of water pumps to build one particular engine.
They should stop selling Fords because they ran out of that water pump?
By what stretch of the imagination is that in any way connected to how the real world works?
Following that logic, every manufacturer of every widget that ever existed was doing it all wrong, according to you.
Stop expecting every tool manufacturer to offer some sort of "unconditional no-questions-asked lifetime warranty" on hand tools:
it's not going to happen. Sears is out of business!
If that's the sort of warranty you want and expect: deal with the Snap-on guy and stop complaining!
The ratchet worked fine out of the box. It's NOT "defective". A "defective" ratchet would malfunction right out of the gate.
If internal parts break off, and damage other components, in normal use, what would that be? It was built, then used as designed, and internal metal parts failed. OP didn't put a pipe on it, bend the handle, snap the drive. The ratchet is breaking to pieces internally. Metal is breaking into pieces. What else is that? Wear? How does steel wear and break into pieces? How can the OP damage or break steel pieces inside a ratchet and make them come off and tear things up? Since when is this even a thing that happens? I've never heard or seen anything like it from any brand, it's breaking apart like an old cookie. That's parts that have too wide a tolerance, too lax QC process, too low rejection rate, too much heat treat variation - something is wrong somewher down the line if a ratchet mechanism breaks into pieces.
If ford is out of pumps, they need to get some pumps. Being out of pumps is not a legitimate option, pumps are required. No pump is not a valid outcome. If they can't get pumps, customers need loaners. I spent 50k on this truck, I expect to drive it, go to AVIS and rent me a truck then or give me the keys of something on the lot. Ford has a liability to fix the truck. If Ford can't fix the truck, they need to figure this out. Just telling customers "yeah park your truck in the back and maybe we can get a pump in a month" is unacceptable and going to piss people off. Thus, systems need in place to not allow for "we have zero pumps". Some OEMs even earn themselves class action lawsuits as a result of such foolishness.
I can't let people out the door with loose lug nuts, and have wheels fall off. Perfection is the standard for me in this regard. There is no "oops, did I do that?" when a wheel flies off at 60mph. Ford needs to have water pumps. If they don't, they need to buy from another vender. If they can't get them, and customers need pumps, it's on Ford to figure it out and not be assholes about it. Call people, manufacturer pumps, handle your business. There should be no running out, because when you're down to your last X number of water pumps a solution should already be coming. If they don't want to handle their business and have solutions, expect to have to pay more warranty cost and have more headache to "make it right". Because that's what business is about. Customer service is easy when things go right, companies prove how they really operate when things go wrong.
An item can certainly have defect in design or manufacturing, and not be broken in half out of the box. Ford, is the perfect example of this, pick your engine family. A plastic intake manifold which cracks and splits, is a defect in design or manufacturing. Exhaust manifolds heat cycle, and if they're breaking apart at 50k, somebody screwed up. It was built wrong, the design was wrong, or the bean counters gambled wrong. If spark plugs break off in the head from being carbon locked, that was a defect in design and manufacturing. If the 1.5L ecoboost all blow head gaskets and have coolant intrusion due to an insanely small 2/3 sealing surface, that's a defect in design and manufacturing.
I don't need a forever warranty. I just think metal parts breaking apart in a ratchet, after a lifespan measured in months, is unacceptable. Especially for Proto. Proto=quality. If I buy some SJAESLIHAGR brand on amazon, and it dies after months, well I bought an alphabet soup brand on amazon. Proto doesn't make tools like the OP experenced, that is not the standard of what they make. That tool doesn't represent what Proto makes.