Regulation - which is based on force and fear - undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than to meet his standards of construction. Protection of the consumer by regulation is thus illusory.
If the present civilisation does not acquire some stable moral fondations ("bases morales stables", Fr.), its existence will hardly be more assured than that of the civilisations that have preceeded it, and which have fallen (or collapse, or failed).