Re: Innovation meet .... regulation or why Free enterprise is now a fairytale
Horseshit. If your "better mousetrap" involves exposing its users to higher risks so that you can make it cheaper, then you're not competing, you're cheating.
Taxis started out as unlicensed businesses in every part of the world. Why is it that nearly every part of the word imposes strict regulations on who can operate a taxi?
Predatory criminals haven't disappeared just because some super-entrepreneur has invented a JSON API or whatever techno-flimflam argument is put forward. Human nature is pretty much constant. Technology is only an enabler for what's already there.
Libertarianism is just as stupid an ideal as Communism. Both assume that people only act rationally, and in the best interests of society...