You are thinking that markets are Magical. I am facing the facts that HISTORY has proven over and over again. When you involve people there is a certain segment of society the will use deception for personal gain. It does not matter if they wear 1000 dollar suits and live in multi million dollar homes. They are not immune from this fact of mankind. The really smart sociopaths will rise to the top with no rules because the decent people will follow a moral code that will never get in the way of the sociopaths. What you want to set up is a perfect structure for the sociaopaths to get to the top of everything in record time.
Its you that is the fool and anyone else who buys the silly unfettered markets create magic.
Get over yourself and your childish need to believe you are one of the FEW who KNOW the secrets that everyone else is just too stupid to understand.
Face the reality of the condition of mankinds pshycological makeup.
The markets are simply the natural law of economics.
Then why make murder or rape illegal , under your theory the natural law of human interaction will just balence itself out. The reason we do have laws for people (markets are just people interacting fool) is that it is murdered people cant get any recourse under your magic market ideas. You dont make people honest by changing the law and outlawing all activity.
You do end up with less crime when there are laws and they are properly inforced. No one claimed it would make people honest. And you dont prosper by ignoring the natural law. You may complete hate it, but the free market works because it's nature. It encourages people to be knowledgible and to provide services and goods that people desire and need.
You also dont prosper in a system that has no laws. Go study history and see the results of lawless societies.
You cant fight against nature without suffering consequences. And absent, Divine Intervention (which is there, but which sadly few accept), there is no way to change human nature.
Again laws are not there in any place to change human nature. Laws are there to provide recourse for the wronged and to give consequinces to unacceptable behavior which harms a society.
It's not the system that needs fixing. It's the people. Changing the law cannot change the people. The world changes the environment IE law, with the hopes to change men. Christ changes men, who then change their environment. You will fail in your efforts, because you are trying to do it the
wrong way.
Laws have been used in EVERY society of man. Why do you all of the sudden think the market (which is merely humans interacting like any other human endevor) is different or say......magical?
Instead of fixing the problem. You end up making things worse by empowering even more corrupt people to "reign in" those so called evil corporations. And those people merely see these corporations as an opportunity to take money from people with the support of useful idiots so they can pay their "friends" and fund their special projects that fail to help society. It's wrong.
Judges, police and our court system is not corrupt is it?
But I suspect you wont stop supporting evil people.