This isn't a political spectrum problem. It is a people problem. You can live in a successful society with high touch government, or low touch government. They can both work, The problem with the former is that government power attracts people like you who have some end (keeping Zuck down or whatever) you want that people don't agree with (hence why you must co-opt existing institutions rather than build them) and so reasonable safety regulation turns into protectionism and industry handouts, etc, etc.

Letting industry police itself gives you Boeings falling out of the sky.

I'm not attracted to power myself thank you very much. It's too much effort trying to help society and having people like you wreck it. As you can probably not tell, I don't work well with idiots.