In at least one case, we have problems in part due to insufficient regulation, rather than excessive regulation. Pharmaceutical companies spend over $5 billion

In at least one case, we have problems in part due to insufficient regulation, rather than excessive regulation. Pharmaceutical companies spend over $5 billion per year on direct-to-consumer advertising in the US; this practice is effectively illegal in Canada, although the regulations surrounding it are poorly enforced. That $5 billion advertising spend is going to get paid for elsewhere in the health industry ecosystem, and probably several times over once all of the associated costs are considered. There's also all of the various forms of pharmaceutical marketing aimed at doctors (with figures around $22 billion per year) and incentives for prescriptions (https://www.npr.org/sections/health-shots/2016/03/17/470679452/drug-company-payments-mirror-doctors-brand-name-prescribing https://www.npr.org/sections/health-shots/2016/03/17/4706794...). I wonder some days just how much economic damage will have to be done, just how many millions of lives will need to be ruined, before the American public starts to accept that unregulated capitalism is dangerous in almost every market.