http://www.mrmoneymustache.com/2012/11/09/grim-comedy-from-mr-money-mustaches-junkmail/

"When morality comes up against profit, it is seldom that profit loses."

This is precisely why I believe in regulating the market. Yes, free market is an awesome force that has brought a lot of good. But I also believe that the government has to step in when it’s time to slay the dragons. Free market fundamentalists are against regulations in all cases, in all circumstances. That’s no surprise, since it’s a blind faith.

For them, the market is a God that rewards the worthy and punishes the unworthy. The rich will inherit the kingdom of God. Hence, they deserve all the money they can cheat out of these poor bastards. They are, by nature, smarter and stronger than the debtors.

The market fundamentalists are also wrong on human nature. Our species lack true sapience. We do not posses, on average, the capability to build wisdom and thus exercise sound judgments. We are driven by the biological mandate to garner resources to ourselves and generate new biomass (procreate). That is our deepest drive.

So is it the market that knows best? No, it should be obvious that it does not. Anti-trust, healthy and safety regulations, banning child labor, stopping the “too big to fail”, requiring businesses to follow privacy laws etc. — the government can do a lot to make this “free” market palatable. We’re all the better for it.