If you study all of human history of the use and application of government or its lack...
... and you are NOT insistently biased to begin with...
... you will discover that there has never been an idyllic time or place, anywhere, ever.
This is not due to any particular FAULT in humanity, it is due to the very nature of existence itself, which is to say, that it is always changing.
Owing to that constant change, even with entirely brilliant leadership, no permanent single solution will ever work for an extended period of time. And since another basic fact of existence is, that the inhabitants of the world (including on a very localized basis) are always a very mixed lot, there CAN NEVER be a single approach which will be ideal for everyone.
All that means that life under any system, will involve a certain amount of work, that a certain number of exceptions to the primary system be allowed, and that a certain number of unavoidable consequences be accepted.
What modern day Laissez Faire capitalists (i.e. those who righteously proclaim that all government "interference" with business is "bad") either ignore, or lie to everyone about, is that in all societies and times when governments DID NOT attempt to regulate business, the results (due to humans not being universally angelic) were rather unpleasant for most people.
Humans are not NATURALLY honest and honorable. Some are, by dint of self-discipline, but they are very much in the minority. With no universal sense of honor, products and services are misrepresented, and justice is entirely dependent on each person's personal strength, and ability to commit greater violent acts against others, than can be committed against them.
That is WHY there have always been governments created, and why all governments have come to regulate business.
This same nature-of-existence factors is also why all attempts to solve human life problems through 100% governments (communism, theocracies, and other dictatorships) have ALSO always failed. Just as lack of any government requires 100% perfect humans to work, 100% government setups require 100% perfect humans always being in charge everywhere, in order to work.
but,of course,the moment they get into Government,they are decidedly "Angelic"?
Private Citizens can't coerce another one to deal with him,only Government can do that!
So explain how Government can improve on inter-human Relationships?
Fraud will still be dealt with!
So are violent Acts!
But it is not right for a Government to be able to pick Winners and Losers!
That's what is called Fascism!
Big Brother-ism!
Some,for obvious reasons,of course do like that,but forget that their Loot will be looted by other Looters,and so on,and so on!