> too many libertarian nutjobs out here think that the market here will magically fix all issues

I'll see your libertarian market nutjobs and raise you reflexive "regulation will fix it" liberals (I don't really know the right term here, but I guess it's the one that fits most closely with US politics for the last 60+ years). Neither group has much room in its worldview for the simple fact that some people are just jerks and will abuse any system.

Regulation can be done well, but doing so in a way that doesn't just hand the entire segment to the current incumbents is hard and regulatory capture isn't just something market worshipers conjured out of thin air.