> Yeah but you couldn't accuse the founders of it either. That's what I'm saying, they tried their best to be good minarchists but after about a decade they decided they needed to have some (very limited minimal) regulatory body, and from that seed we've gotten to here. The power vacuum is not stable, something must fill the void. That's not really true, some of them were itching to build a new masonic state as big and convoluted as the one they just overthrew. >Libertarianism is as utopian as communism, in practice regulation and oversight are needed for large endeavors and large endeavors are need in the nuclear age. I would say expecting government oversight and regulation not to introduce corruption is utopian. >We need to look honestly at each industry and draft minimalist regulation and only apply the toughest of those regulations to business operating at scale, who can afford to comply promoting growth and discouraging monopolies... it's just that we can't depend on our politicians to do that. I'm fine with market regulation if that's what you mean. But any time governments get involved it just ends up doing the opposite of what's intended. >We need competent engineers to build us an (tolerably imperfect) system that protects freedom and commerce using whatever tools they need while keeping costs low and keeping us competitive against our rivals Not gonna happen. Even if they weren't corrupt and didn't have biases, they're still going to run into knowledge problems. No one knows enough to do what you're asking. >There isn't an escape from the cycle so long as there is scarcity, so long as there are a bunch of apes running around. Any real lasting solution by it's very nature will be horribly dystopian. The general idea of using markets to find solutions is that, yes, those solutions will fail, but they'll fail on a small scale with alternatives already in place. Like if a local store goes bust, it's not the end of the world. No one starves, they just drive to the store one town over. By contrast, if the government owns all food distribution and they go bust... Same should apply for regulation. Keep the regulators in competition and let consumers pick the best ones.