Sure, I know it but I am not inclined to do an essay on it in this space.
I will offer another short observation. The free market is the best economic system with as few regulations as possible to keep the biguns from eating the littleuns. A government with limited powers and as few laws as necessary to keep order is the best government.
However, both rely on honest trustworthy people in the governed and the governors. That was the basis of this country and the principles still apply. A free country such as ours is easy to exploit by the unscrupulous. Our enemies use our freedoms and morality to destroy both.
Self-interest is human nature. When operating lawfully in the free market it artfully transforms the desires of the individual into a good for the whole. When it is operating in government, with the power of force behind it, it can easily become a bad for the whole. We are seeing that played out now.
People and morality are the key. A free system will regulate itself.
You are right in the sense that honest and trustworthy people are needed in the market and government for few regulations to work.
However, since we have another situation of panopolies right in front of us, this proves that lack of regulations work.
These companies have entered into cross agreements globally, lobbied corrupt politicians to format laws, rules and regulations into their favor and have access to information they shouldn’t have. They sell to our enemies and lobby on their behalf too.
Free market is wonderful for the small to medium size business. Globally, no.