Comment by jplusequalt

>we can continuously try to make things better

Who is "we" here? Because the current system is ran by people who have a vested interest in keeping things the same.

Also, I disagree on my comment being a fallacy. I'd almost argue the comment I replied to is a fallacy because it's comparing a theoretical well regulated market to the reality of what we actually have.

It's clear to me that such a thing could never truly work because it would require near omnipotence by whomever the regulating body is in order to prevent actors gaming the market.