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.
Free market is wonderful for the small to medium size business. Globally, no.
Do you not see your oversight or contradiction?