I'm saying it's happened before. AOL. Palm. Yahoo. Blackberry. A company with an effective monopoly gets complacent and fails to serve their users. They get replaced.

I don't remember anything ever in history undermining faith in the free - from regulation, but not from jailing crooks, - market.

It's not as if anything lefties claim to be that were free. And when one talks about what is needed to make it free, one can hear screeching of the "reeeeeee useful idiots for capitalism reeeeee you just want poor people to die reeeeee we should all vote for 8 hour work week and peace on Earth reeeeee what do you mean it's not enough to vote reeeee" kind.

Even Ponzi schemes are usually about everyone being conscious it's a scheme, but thinking they are very smart and will fool some other suckers, and those suckers think the same in turn. That is covered by the "jailing crooks" part.

And various cartels and trusts and such usually make government regulation their instrument. They benefit from it.

I mean, all this has been said and proven many times.