It clearly seems one party in the USA is advocating for regulatory cleansing. As you stated, lack of regulations and corruption are often found in the same place, one can see WHY regulation is needed, now more than ever, as this world becomes more complex, populated, polluted, and markets game-able.
No, I'm saying that you can't use a correlation like that as justification for saying that we need more regulations. In a country like the US, where the tolerance for overt, obvious corruption is very low, adding more complexity to the regulatory system creates more places for corruption to hide, thus making it more feasible. The tax code is a great example of this, but the same can be said for many of the regulatory agencies.
