Take a few years out of your life and learn some god damned history.
i've been around a while. watched various corporations dump all over people in terms of pay, pollution, discrimination, gentrification, and most recently, cutting up the internet into fiefdoms and, just recently, demanding that people pay twice for the same connection. so you'll understand when i say, an unregulated free market doesn't work. it ultimately boils down to how many people can make as much money as they can in as little time as they can and damn the consequences to others.
reducing government ability to regulate only allows corporates like Comcast, Time Warner, AT&T, BP, Walmart, McDonalds, Monsanto, et al. to destroy ordinary people just to make a buck. excuse me if i don't put much faith in such companies to miraculously realize that they can treat people well without regulations or laws to tell them as such. if history has shown us anything, they DON'T.
the answer isn't just government regulation. it's also getting the populace to work with government and to vote jokers out when government also overreaches. in this case, we don't have enough people telling government to tell the corps to knock it off. and people can't tell the corps to knock it off directly because they've created a situation that is not a competitive "free" market where people can choose with their dollars.
the answer is not a binary "all government or no government." it. is. a. BALANCE. of the two.
if you're claiming that i haven't the years of experience in this, i would turn that around on you. trying to pass off a black and white binary as the only possible solutions speaks of incredible naiveté!