3. “Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.”
When progressives attempt to justify market regulations, they often claim it is only for our own good. If corporations were left to do their own bidding, bigwigs would have no problem alienating consumers in order to make an extra dollar. However, it is government, not private entities, which has a history of violating basic human rights. While companies must remain accountable to consumers if they wish to prosper, governments must be accountable to no one.