A lobbyist providing incentive to an elected or appointed official that gets that official to enact legislation or loosen restrictions isn't deregulation, its corruption. Corruption leads to the deregulation. You can regulate the shit out of everything and still people will be corrupt and screw it up eventually. Communism works very well in principle with everyone being equal. Wonderful idea. Until some people decide they need to be more equal than others.
No, it doesn't. PEOPLE are the problem. The problem begins with people, not regulation. People become corrupt. Rules are written quite well originally, and then ways are found around them because elected officials allow it to happen. Why? Because they are corruptible.
At least there is still one thing adult/post college right and left agree on, libertarians are proper fools.
More regulation leads to more corruption as corruption by definition is about getting around regulation. That doesn’t mean regulation is bad.