The old Soviet system of socialism caused some of the worst environmental disasters in history. The cause of that obviously is political. Their totalitarian system was not conducive to public oversight or debate.
By contrast, there is absolutely no doubt that the financial crisis of 2008 was caused by a lack of oversight.
Thus the point I have tried to make to you for about a decade now: Regulation is a necessary evil to prevent the Enrons, Haliburtons and AIGs of the world from running roughshod over the rest of us. Regulation must also not overreach and squelch business. It's about finding the middle ground where consumers and workers are safe but businesses can thrive. Your arguments against ALL regulation are radical, impractical and BAD for the future of the country.
Quis custodiet ipsos custodes?
Consider this, what would the nation look like with police? Corruption is always a concern, but so is anarchy. You don't throw out common sense because of fear.