[untenured]

Good answer. Do you have any objective moral criteria in addressing this question for when we become “a reasonably regulated free market” and exit the status of “the current [inadequately regulated, presumably] capitalism?” In asking, I note that “capitalism” has become dramatically more “regulated” since WWI, and the fedgov churns put thousands of new regulations a year. When will it be enough? What objective criteria can you point to?

Otherwise, it will be an endless and pointless debate whose only offered answers are “more than it is now” and “less than it is now.” Lots of platitudes, IOW, and no actual moral reasoning.

[YogicCowboy]

1. Most regulations and regulatory agencies are inherently unConstitutional - if only for violating the Tenth Amendment. That makes them unethical, if not also immoral. The persons who take an Oath to uphold that Constitution know this and do not care. They are on the take.

2. We have a massively regulated market, not a free one. That is not the worst of it: The worst is that the crony corporatists (capitalism is a Marxist term) bribe the aforementioned so that the regulations mainly hurt the small, private businesses, not the enormously powerful publicly-traded corporations supposedly subject to SEC oversight, for such things as corporate malfeasance due to damaging shareholder stock value by causing politically-motivated scandals. (NB: IPO = Initial PUBLIC Offering.)

Further, rightly or wrongly, CDA/230 is law, and requires Facebook, Twitter, et al, to operate as “open platforms” that do not act as “publishers” - in exchange for Federal protection from liability for the content that they agree not to act as publisher (editor, censor).

They violate their side of that law routinely and with literal impunity: That Federal protection helped them prosper since 1996; they have rightfully forfeited any and all protection from legal action, yet they still have it.

Laws - and regulations - are for the little guy.

[amihow]

Briefly, we are over regulated, and not regulated and the current form does not regulate so as to promote smaller, innovating, competitive, smaller businesses. The current form promotes the Bezos and Walmarts et al.