Right: in a world of similar market participants short selling is super valuable. But what about when a market actor has enough wealth to massively short sell

Right: in a world of similar market participants short selling is super valuable. But what about when a market actor has enough wealth to massively short sell and enough media pull to be able to create a self-fulfilling prophecy about a company being in bad shape? (And enough pull with regulators to be let off the hook with the lightest of penalties?) This is when the market is no longer healthy nor free.