If the regulators are made up of selfish individuals who are captured by industry (lobbyists, campaign contributions, etc) then what? Please don't say elect new officials, unless you have a solution to misinformation and the massive financing necessary to get elected.
It seems we're stuck and we're all just waiting for the selfish person to do the right thing. What if the selfish person is us? Perhaps the best way to navigate an unjust system is to participate as little as possible. And with that extra time we can organize and apply political pressure.