The KGB Oracle Forums General Public Discussion (SPECIAL ACCESS) KGB Political Debate Central Does government regulation kill jobs?

Not exactly, unless you define popularity and good looks, family connections, inheritance, a lot of luck, and a great deal of ruthlessness and unprincipled backstabbing as a merit.

Noble prize winner club is meritocracy, our society as a whole is not and never will be. Plus 'Capitalism sans govt Intervention' is as much pipe dream as Communism. Wealth concentration leads to Power concentration, this in turn leads to Wealth influencing rules of wealth acquisition. Cronyism and Interventionism aren't deviations, they are inevitable conclusion of Capitalism.