Unregulated (FREE) markets fall prey to large cartels, guilds, and powerful robber-barons.

Without a powerful referee (Government As Referee Framework, GARF), the small (individual) players will inevitably be forced out (or otherwise eliminated) by larger players.

FREE-MARKET = MOBSTER ETHICS

Laws (regulations) that protect the rich from the poor are REDUNDANT and IDIOTIC.

The powerful don't need laws to survive.

The POOR need laws to protect their individual rights and individual liberty from the RICH.