In my view there is a simple line running from where companies were and the processes they needed thirty years ago, to a highly externalized enterprise that carries new rules and needs new processes.
As the community advocate of the capitalist enterprise, the customer elects the lawmakers who make the rules and regulations that determine the ways the enterprise conducts its business.
We do not have to choose between markets that are unfettered by even modest protections against crisis, or markets that are stymied by onerous rules that suppress enterprise and innovation.