"Capitalism cannot exist without regulation. There is no such thing as a "free market". Capitalism relies upon regulation to enforce the enclosures it builds. Regulations are a direct product to protect profits." - Source?
Imagine a society with no laws, no regulations and no courts. How would you enforce a contract? How would you resolve a dispute other than "might is right"?
Even beyond this, we have a thriving commercial aviation industry. How would that work without safety standards? How would consumers have confidence in the planes? What about pilot qualification? Managing airspace? Having confidence in the parts you need, the people you need to maintain the planes and things like the fuel that goes into the plane without regulation?
Occasionally anarchists or libertarians and argue you can Yelp review your way to a functioning market. "Pilot could not fly plane but was nice to us. 2 stars"
The idea of "deregulation" is fundamentally silly and entirely devised to increase profits by getting rid of pesky safety regulation while maintaining regulations that protect profits and restrict competition. Imagine what deregulation would do to Vertizon or AT&T. Do you really think deregulation will remove restrictions on municipal broadband? Or instead just remove requirements to build out their networks to less profitable areas?
Libertarianism and deregulation are just fundamentally ridiculous ideas. Ergo, you need regulation for a market to function.
