There is also an article of conservative ideology that the Free Market is some sort of divine natural state that we achieve through a lack of government intervention and regulation.

To quote Adam Smith: “Markets are there to serve people, people are not there to serve the markets”.

The Free Market is not an ideological ideal state, it is a man-made mechanism for balancing supply and demand, and for directing capital to where it will do the greatest benefit to all. When markets cease to serve these ends, they need to be regulated.

And national/international markets need to be regulated by the federal government.