Capitalism should be regulated of course. Business gangs are very dangerous after all. Just like any gang. There should be working standard regulations. Problem comes when labor and manufacturing is allowed to be allocated to countries with poorer standards, cheaper regulations, and cheaper currency, making your local workforce disadvantaged and thus out of work.
As I've always noted, a government is always way stronger than any individual business. A government can crush any rich person in a snap and destroy their business. IMO allowing as many people as you can to get wealthy and prosperous through capitalism is the most successful way to benefit the population and government alike. Governments that stranglehold business, over tax them and their populations, and then demand strict social handouts for an increasingly unable population including migrants who dont work. They are going to eventually fail and depend on the capitalist nations to bail them out. There seems to be this major misconception that taxing rich people more is going to make everything better for you as an individual, but in reality you arent going to see any of that as it goes into the largest gang in the state, the government...creating a massive government from over taxation that controls everything, everyone, and all business economy so no one can get rich is far worse than 100 organizations of super wealthy folks who have a representative government that isnt trying to dictate the economy, but regulating it for fairness of the 100 businesses to operate fairly and ethically.