The United States is far more socialist than capitalist and it’s not close. In the early 1900s the federal tax rate was 0. Now we spend 125% of what we bring in in taxes. That is definitely not capitalism. That’s not a free market, that is the government spending far beyond what’s even feasible

What does the relative level of government spending versus taxation have to do with whether businesses will self-regulate? You're just spewing non sequiturs here.