Specifically, regulation and deregulation are not inherently good or bad. They're about managing tradeoffs. Sometimes markets have incumbents with so much entr

Specifically, regulation and deregulation are not inherently good or bad. They're about managing tradeoffs. Sometimes markets have incumbents with so much entrenched power that regulation can actually make the market more capitalist and create more choice for consumers. American politics however is poorly structured so that corporations who have economic incentive to game regulation/deregulation have concentrated power and the broader public or smaller competing interests do not. Corporatist regulatory capture and the status quo biases that come with it are the source of some of the biggest problems in our society - booming healthcare and education costs as well as entrenched oligopolies in infrastructure markets like telecom, internet and airlines.