Some policing and regulation are needed and history is replete with catastrophic examples of why that is so. I pity the naivete of ideologues who truly think that big biz is ever to be trusted. After the disasters of these last couple of years it should be clear to even the most obtuse that crooks and predators move in all circles and strike when opportunity allows.

The other topic you are addressing is that of accrued privilege. Privilege was seen as deserved and needed in rural, feudal societies, but it’s abolition, particularly of the entirely illegitimate form that inhibits economic growth and opportunities, is clearly in order. It is clearly a drag on modern societies, a disease really, that leads to exclusion and abuse. We would do well to continue to suppress the rise of de facto privilege wherever it can be curbed.