Wrong! We're being played for suckers - it's capitism without enforcement of existing laws that looks (and is) terrible.
And why is there little or no enforcement? Because those who would be going to jail are those who have already purchased our politicians.
The reason there's this emphasis on "regulation" is to distract us from the issue of enforcing existing laws.
Ultimately there will always be one means to right the ship - and that is through significant devaluation of the dollar (aka "inflation").