History is a never ending see-saw, and we are now sawing back towards protectionism, big government, and less freedoms for the individual. The reason we are mo

History is a never ending see-saw, and we are now sawing back towards protectionism, big government, and less freedoms for the individual. The reason we are moving back toward regulation is that we forgot how irresponsible and destructive corporations can be when they are underregulated. The notion that as long as people can express their preference by buying stuff no regulation is necessary is a libertarian fantasy, completely unsupported by the historical record. The reality is that as corporate power and reach increase, corporations cause more and more destruction when left to short-term profit motive as their only control system. Corporations are all publicly chartered, and their continued existence should always be conditional on a broader conception of the public good than can be captured in a balance sheet.