> "This has nothing to do with regulatory capture, this is libertarian philosophy in action." You mean libertarian "philosophers" enacting their libertarian ph

> "This has nothing to do with regulatory capture, this is libertarian philosophy in action." You mean libertarian "philosophers" enacting their libertarian philosophy by means of a successful regulatory capture... has nothing to do with regulatory capture? > "And the belief that if businesses are ever doing something most view as wrong, a new company will spring up to make money on fixing it so the problem will go away... No matter how many times that's been shown to be wrong, many people still believe it." "Many people" is quite an euphemism for "people who benefit from such believes" which includes all business people of any significance along with everyone they pay to spread said believes.