The US is also uniquely suited to business innovation. I think that's no coincidence. Depending upon after-the-fact class action instead of up-front regulation means more focus on actual harm than fear of harm.

I also broadly wouldn't trust the US to be particularly good at government regulation until our elections are publicly funded. There's a lot of evidence that our legislation is distorted towards the interests of the moneyed. I don't think that's a recipe for energetic, effective business regulation.