Lol so you think it's a good idea to put humans in charge? Are these elected officials some how immune to "human nature"? Everything the government touches turns to shit.
I didn't say our current elected officials lol... A group of people who care about humanity and our greater good. Though I know the improbability of grouping together such people. Also, I mean very small amounts of regulations..Just enough to keep people from getting screwed by large companies.
There are people like myself and most of the company I keep, we put humanity first, then business. I want my employees to live comfortably even if it hurts my bottom line a bit.
However, I also know owners who could give a fuck about their employees as long as the profit keeps coming. Their turn over is high, morale in the business and attitude is apparent as well as work quality. Walk into my place, or some of my friends businesses, you will see and feel the difference, not to mention many including myself have an original employee or two from opening.
These regulations I speak about are for the latter not the former type employeers. I don't mind them though, as they would never effect my business as I would always be ahead of the curve because I want to, not have to.
Though, at the same time, I understand what you are saying...What are the odds of building a group of people competent enough as well as with morals and care to make regulations for the free market...
Maybe I should listen to my libertarian side...Though at the same time, I could only imagine what some of these owners and CEOs would do to their employees without any sort of chain...