Due Process: Regulation
The more prohibitions there are, the poorer the people will be. The more laws are promulgated, the more thieves and bandits there will be.
Through time, the simplest consensus has been that people cannot rule themselves. In mass, they're depraved. They need to be controlled. Enlightened regulators know best.
In America we've defied that long standing wisdom and taken steps to fully franchise all citizens. America's great experiment is as a builder of mental sinew and espirit de corp.
But, there is further to go and much backsliding.
Wise parents help their children absorb life's lessons by permitting them to take progressively larger risks.
Overly protective parents and regulatory zealots cultivate timid trust-fund cripples by sapping the vitality and confidence of their charges. Worse, they set them up for catastrophic failure and scams by shielding them from practical experience, thus depriving them of due diligence skills.
The difference is, overly protective parents act out of misplaced love - overly zealous regulators, out of ignorance, envy, and self-dealing.
As Paracelsus said, the difference between a drug and a poison is the dose.