The problem is that capital will always fight for less regulation. That is literally how we have ended up here.
Capital will never share the fruits of your labor freely. Regulations are useless as long as capitalists just pay politicians to write laws that benefit them.
It is similar to gun regulations. Studies show that cops largely choose not to enforce gun laws on white right wing nutjobs because they refuse to police “their own.” While the people who gun laws are enforced against tend to be minorities, whether they are black, disabled, or trans. Cops are more thn happy to take their guns away.
Similarly, cops are happy to test pregnant women who have had miscarriages for use of abortion drugs, because of course women getting abortions is more important than, you know, enforcing gun laws.
Regulations only work if they are evenly enforced, and we haven’t even figured that part out.