They do, however this behavior has gone underchecked for so long; what we see today is often companies violating the spirit, but not the letter of the laws that stopped or were a result of practices of companies like Pullman, USS, etc
What makes you think we live in unregulated capitalism? Just look at the tax code for a tiny fraction, but huge on its own, piece of regulation.
The lack of a kind of regulation in a very specific niche of the whole economy doesn't mean there's no regulation.
We overall need far less regulation (e.g. prop 13) in all areas, and better regulation in specific ones.
Such as, Big tech seems able to do whatever it likes, facilitate foreign interference in democracies, anti-competitive behaviour is unmitigated. Then there’s the lack of pricing in carbon emissions for anything and the constant quest for endless growth on a planet with finite resources ?
Corporate welfare / socialism to keep things afloat.
So many problems and contradictions right now, is “mess” a better word?
And before I get downvoted by 'freemarket' people.
Most Blatant example must be the 2007 global crashed caused by american megabanks. How can we prevent this from happeneing? Why, we elect bank official as regulatory body to oversee banks.
Yeah, there will be people arguing here, how there are elections democracy etc. Anyone with half a braincell can see how really the system works. There is a reason why average person would rather entrust their baby to a racoon than a politician. And politicians that try to cut out influence of big business are sidelined. Like Sanders who run only on donation from people and twice 'lost'.
I could go on, but there is some work to do...
"For Baudrillard, the twin towers of the World Trade Center in New York also symbolized the frozen history and stasis between the two systems of capitalism and communism. On the whole, he sees history as the unfolding of expanding technological rationality turning into its opposite, as the system incorporates ever more elements, producing an improved technological order, which then becomes irrational through its excesses,[...]"
"For Baudrillard by the end of the 1990s with the collapse of communism, the era of the strong ideas, of a conflicted world of revolution and universal emancipation, is over. Communism, on his reading, collapsed of its own inertia, it self-destructed from within, it imploded, rather than perishing in ideological battle or military warfare. With the absorption of its dissidents into power, there is no longer a clash of strong ideas, of opposition and resistance, of critical transcendence. With the embedding of the former communist regimes into the system of the capitalist world market and liberal democracy, the West no longer has an Other to battle against, there is no longer any creative or ideological tension, no longer any global alternative to the Western world."
https://plato.stanford.edu/entries/baudrillard/#TheoFictBaud...
I really have to be honest I see unregulated capitalism moving into its own failure modes now.
Maybe both systems suck and fail when they become too successful / dominating?
I see this proposition 22 thing as an example of this, it’s not cool and it’s sad people are being forced to support it while trying to earn a living.