No, they're not. I've seen the markets in action, and one ends up with shopping malls surrounded by four-lane streets with no crosswalks. As the my sibling comment points out, markets are great for maximizing incoming for the stores leasing space in the malls. One prime example I'm thinking of was 25 years ago, let's go to Google's sat view and see if much has changed...nope, looks like it's just as car-centric as it was when I lived there.

Now one can go all "no true Scotsman" on me, what with regulation and all, but there has been regulation long before either of us were born so one might as well argue that are no true markets because the sky is blue. It also ignores the fact that folks like the Simons (owners of malls across the U. S.) might have a little hand in how those regulations get written. What regulation has brought about in cities like Redmond is that if you're building streets, you're building them for everyone so there will be sidewalks and bike lanes.