Who can afford that? You will always be outmatched be by big corporations. That's clearly untrue; class-action lawsuits are regularly successful against big co

Who can afford that? You will always be outmatched be by big corporations. That's clearly untrue; class-action lawsuits are regularly successful against big corporations without Government intervention (other than the provision of the justice system itself). Just look at the ratings agencies during the 2008 crisis. They were supposed to be a market based information source but in reality they were paid off. Sure. And many people who relied on them got burned. The moral hazard arose when the Government decided to bail out people and organisations who'd depended upon them, with money extracted from taxpayers by threat of force. I'd also point out that a lot of the corruption you mention is Governmental; many of those subprime loans only existed because of market intervention in the first place. There is a lot that's wrong with agencies like the EPA but abolishing them and dreaming up market based solutions that are corruption free doesn't seem to be realistic to me. Me neither. As I've said before, I think it's entirely reasonable for a Libertarian Government to regulate polluting activities. The caveat is that such legislation must be rights-protecting, rational, and uniformly enforced. Also, in the case of the USA, there's no Constitutional mandate for a Federal EPA so it ought to be dissolved and its responsibilities taken up by the States.