> Overregulation and bureaucracy are the downfall of the west. [citation needed] I think it's pretty clear we are both over and under regulating. Can you tel

> Overregulation and bureaucracy are the downfall of the west. [citation needed] I think it's pretty clear we are both over and under regulating. Can you tell me the basis/primary purpose of regulation? Can you tell me what the the primary benefit of bureaucracy is?