This is the "seen and unseen" reasoning from my original comment, but something more seems to be going on with regulation. Why are people more quick to point out corruption in a corporation than in a government? Or am I just wrong about this fact? Maybe the seen and unseen reasoning explains the difference in this particular context and in other contexts there is no difference.
A response essay written by Eliezer Yudkowsky posted at Cato Unbound for the issue Brain, Belief, and Politics:
Is That Your True Rejection? by Eliezer Yudkowsky
The lead essay has been written by Michael Shermer:
Liberty and Science by Michael Shermer