We agree, I’m completely in favor of capitalism and a true free market, which we no longer have. The corporatist like regulation since it stifles competition and smaller firms cannot pay off the regulators. This has been going on for a long time. It’s no surprise to me that COVID lockdowns were geared towards crushing small business, but sure you can go to Walmart.
There is such thing as deregulatory capture as well. Regulation is neither intrinsically good or bad, it depends on if a particular regulation increases competition or not (but it usually doesn't because politicians are incompetent).
We agree, I’m completely in favor of capitalism and a true free market, which we no longer have. The corporatist like regulation since it stifles competition and smaller firms cannot pay off the regulators. This has been going on for a long time. It’s no surprise to me that COVID lockdowns were geared towards crushing small business, but sure you can go to Walmart.
There is such thing as deregulatory capture as well. Regulation is neither intrinsically good or bad, it depends on if a particular regulation increases competition or not (but it usually doesn't because politicians are incompetent).