A friend who recently retired from the auto industry recently made me rethink regulation.
He contended that regulation is a GOOD thing.
Without regulation, automobiles would be like hamburgers. Anybody can make a hamburger. You can buy hamburgers in bars. You can buy hamburgers in a million fast food restaurants. You can make them at home. You can cook them over charcoal or wood fires.
There is little or no profit in hamburgers.
Enterprises that specialize in hamburgers go up-scale seeking profit margin. Capital floods in to fill the void left at the bottom end. Profit, if it exists, is in the fractions of a percent. Well within the margin that can be erased by one crooked executive pillaging accounts and fleeing to a sovereign nation without an extradition treaty with the US.
What was the pinnacle of pickup truck evolution? Answer this as somebody who USES one. Was it 1995?
What can a current automobile do that a 2000 Camry cannot? Even if you could find a new Tesla at the cost of a used, 2000 Camry...would it be as functional and as trouble free?
For that matter, what can a modern firearm do that a 1895 Winchester 30-30 cannot do? Or a 1898 Mauser? If you push hard, maybe you can get me agree to a 1945 SKS or a 1947 AK-47?
Is there any pistol that is materially "better" than the Glock 19 which was first produced in 1988? Is there a revolver that is materially "better" than the Smith and Wesson Model 10 that was first produced in 1899?