Earlier quoted context omitted.
> I don't understand why... Spend some time talking to a Libertarian zealot. Not saying that you should believe any of their assertions. Let alone adopt their worldview. But you might get a sense of how less-government-is-always-better "logic" works.
As a half-Libertarian, the problem with a lot of libertarian logic is that it's too black and white. Less government/regulation is good if and only if the underlying market is highly competitive. High competition protects consumers. Examples: restaurants, barbers, tailors, spas, almost anywhere small businesses exist. All ancient, well-functioning industries that are comparatively minimally regulated. The problem wit…
But that's not a natural state of affairs. Look at the savings and loan scandal! Without the regulation, banking was intensely competitive. Why assume that, if you took the regulation away, banking would take no notice and stay exactly the same?
> All deregulation should be accompanied by an equal effort to foster a massive amount of competition within the industry.
Deregulation is an effort to foster competition within the deregulated industry. Those regulations are barriers to entry, which is why large companies always want more of them.