...snip...
We've run the whole gamut with this already from Andrew Jackson days to 1913 when the cartel was made the official true monopoly in the form of the FED, continuing until now, where the government is pretty much a total tool of this cartel.
It happened in Europe in pretty much every country. It happened in the US. You can't deny it. It cannot not happen again if we start all over again with the same system.
I agree. But I believe that its worth trying to regulate businesses in order to control the social costs of stupid failures. Its why I am a statist. Private enterprise is an engine of wealth and as such we all love it. But wealth is not the only goal of society. Things like fairness and justice matter as well.