[watwut]

It would be all massively worst without regulations. In fact, regulation provably works. When you remove it, situation with pollution and health gets worst. If you add it, it gets better.

> What works is the threat of punishment

That is what regulations provide.

> full liability

Without regulation and just a court system, this is complete failure. This just ensure that you can harm people who cant afford expensive lawsuits. Which is why big companies who want to pollute preferer this over regulations.

And the most harmed companies are small ones. They do not know in advance what is allowed and what is not.