That only works if you don’t have targeted defunding of regulatory bodies - that’s what a lot of these come down to in many countries now. People vote for laws

That only works if you don’t have targeted defunding of regulatory bodies - that’s what a lot of these come down to in many countries now. People vote for laws that protect them, then anti-actual-person politicians vote to defund the agencies enforcing those regulations. It’s win win for them: they get to give their friends and employers tax cuts and lower operating costs (by socializing the downstream costs), and because the agencies are under funded they slow down which feeds into “these agencies are bad because they’re slow and inefficient, so we should end them completely”