> No, societies recognize that everyone shouldn't need to be a doctor/engineer/financial analyst to avoid harm in daily activities, so we collectively empower regulators like the FDA/FAA/SEC to protect us from unfettered capitalism.
This centralizes power to a few at the expense of the many. Furthermore I deem the social contract to be unethical so I would not include myself in the "everyone" camp. I'd much rather see watchdog organizations regulate the market.
You the individual have no power to make Facebook, or any large organization, change its behavior. To it, you are like an ant is to a human. There is no "at the expense of the few" when you have nothing.
But just as a colony of ants can destroy a house, so too can we puny humans, when united, extract demands from huge corporations. Individual regulators do the actual fighting, but they do so on our behalf, with our collective backing.
(Side note: so cool of you for disagreeing with the social contract, though your edgy dissent is only possible because the majority do accept government.)
This centralizes power to a few at the expense of the many. Furthermore I deem the social contract to be unethical so I would not include myself in the "everyone" camp. I'd much rather see watchdog organizations regulate the market.