They are partially independent but not orthogonal. Unregulated markets are never fair. This is why it's a hard problem. Regulation creates another route for co

They are partially independent but not orthogonal. Unregulated markets are never fair. This is why it's a hard problem. Regulation creates another route for corruption, but is also the only way to keep corruption in check. We still haven't figured out an objective set of rules to avoid corruption, monopolies, and unfree markets.