The situation has been saved by intervention, and the tax payers money. That's not self regulation also by definition. You are not right on this. Search it.
Discussion
All markets are more-or-less free (none are completely free or completely regulated, in reality), and actors will all try to adapt to whichever environment they're in. Economic systems promote different vices, but overly regulated systems lead to chronic shortages of life-sustaining goods, so that's a nonstarter for me.
For me too. I don't disagree with that. It is known that overly regulated economies suffer by lack of motive which creates whatbyou described.
But why are we admit this and not the bad effects free-er markets have? You can find big corporates only in these markets, no?