His views are straight out of the 'free market' book of lies. The mythical self-regulating free market works only if all consumers are fully informed, presumably by magic. One need look no further than the tobacco industry to see how consumers cannot become fully informed in the face of concentrated power, greed, and wealth, and in fact are deliberately misinformed in the quest to further concentrate same.

Consumers must rely on the power they wield collectively through government because individually we are overwhelmed by large business. Deregulation should be done only where the particular regulation is found to be worse than its absence. Unregulated business leads to the barbarianism of the beginning of the Industrial Age.

Multi-national corporations are not elected to govern, yet they have the power to alter government. If society is to be shaped for people, then the people must constrain the ravenous beast of their own industry.