I would have thought that a system where the will of the people is expressed through elections would protect them from business interests controlling legislation that allows union forming restriction is not capitalist, there's nothing free market about that.At some point the reward isn’t honest and it’s earned off the back of workers who are not allowed to unionise and fight harsh working conditions or unfair contract terms.
Regulatory capture is a big issue. The people who write rules are beholden to the people the rules apply to.
Corporatism, absolutely. Corrupt politicians for sure.
The easy solution is fixing the politics.