Ahhh every major bank, Bernie madoff. Unregulated capitalism is very bad. GREED TRUMPS ALL!
Bernie Madoff? He's a thief, he just stole more than most, and he did it while having a securities license, under the very noses of one of the biggest regulators (FINRA ex NASD, and the SEC, as well as the NASDAQ). That's not an unregulated business. It's been government regulated for over a century (Kansas started that in 1911, with Uncle Hind Teat getting on the band wagon in 1933).
There is no such thing as "unregulated capitalism." All markets are regulated, one way, or another. A market of buyers and sellers, without laws, is self-regulating, via the free hand of the market itself. When the gooberment regulates, they don't create something out of nothing, they don't "create" regulation, they merely replace free market regulation with government regulation. Free market regulation has the absolute lowest drag on the economy, infinitely approaching zero. Government regulation is extremely expensive. It costs more than the pre-tax profits of all the public companies we have!
http://www.freedomworks.org/content/hidden-cost-regulation
You've never seen free market regulation (or what you think is "unregulated capitalism"), because it has not existed during your lifetime, or the lifetimes of your parents, grandparents, great-grandparents, great-great grandparents, et al.
Market disruptors, like Uber, are about as close to the free market as you will ever see, and then we only see them briefly, because once Uncle Hind Teat meddles, it's never a free market again, costs go up, profits go down, including profits for drivers.
What about the drivers that do have to drive? Do you think all business should do what ever they want. Make loans that take advantage of people. Steal people's pensions. Dump waste in the water.
Your straw man fails. Nobody here is a slave or serf. Nobody has to drive. Google "logical fallacy" to learn why your straw man fails.
Oh, by the way, the largest dumping of waste in the water in recent memory just happened. The EPA did it:
http://www.usatoday.com/story/news/nation/2015/08/09/navajo-nation-epa-spill/31384515/
The EPA -- your government at work!
And what does the EPA want to do? Make their mistake a "Superfund" problem! (read: we need more tax dollars to fix our own Charlie Foxtrot)
Yes big government is not the best but big business is worse.
That sounds like something Karl Marx might say. Or Lenin. Or Stalin. Or Mussolini. Or Castro. Or Kim Jong Un.
