Regulatory capture is just the beginning. Just because two people agreed to trade doesn't mean value was created. First there's externalities. Global warming

Regulatory capture is just the beginning. Just because two people agreed to trade doesn't mean value was created. First there's externalities. Global warming caused by oil companies. Stochastic terrorism and fragmentation of our polity caused by social media and news companies. Healthcare crisis caused by fast food companies. Second the notion of voluntary trade is a fairy tail that's ignorant of the underlying neuro and psychological processes that go into decision making. The dopamine system is stupidly easy to game. It's like if we got a bunch of moths to kill themselves by flying into a bright light somewhere and we call that voluntary, as if we weren't merely hacking ancient circuitry. That's what's happening now with opioids, fast food, social media and more.