[zanny]

Except the whole point of my argument is that while I personally believe in the ethical capacity of fully free markets to work, it requires all participants be informed, intelligent, and educated on how markets work, and they must be rational.

Go walk down the main street of any town in the US and realize how few people are actually educated, or rational, or functional. It is absolutely a product of both culture and the state as it exists that most normal people are raised to become these... zombies? But they are not going to use rational means to pursue products, which is why we have this nanny state consumer production giant looming over everything.

But like I said, we cannot just dissolve those overabundant regulations and growth stifling control with people as stupid as they are. That is just a recipe for pandemic exploitation to degrees even greater than what our current advertising industry pumps out. Just look at how often you hear a story of someone or their kid spending a months worth of wages on some shitty Android game because they were raised to be completely oblivious to obvious swindling.

If we could raise a generation and/or a nation of smart, rational, informed consumers, we could easily replace all the certification and licensing that slows innovation to a crawl with self regulation. Until then we are stuck in a world where people buy self-help books, booze, and Viagra instead of paying off their credit cards.