> PS: We can fantasize about people being rational, but reality disagrees.

I worry that this is a self-fulfilling prophecy. That the less you treat people as rational beings responsible for their own decisions, the less rational and responsible they will be. It might already be happening, with victimitis in American politics being one of the most visible outcomes.

Worry all you want, but people have never been rational, even when governments didn't do anything about anything. And nothing will change that. Taking away the government regulations will only result in parasitic companies preying on others.