1) When it comes to regulation, culture and values matter. If your regulatory agency is staffed and run by people skeptical of regulation, and who conceive of it primarily as a burden on economic vibrancy, the quality of regulation will almost certainly go down.
3) China offers an ongoing demonstration of how a lack of labor rights can attract jobs, which raises a country’s wealth, which raises its awareness of labor rights, which eventually drives businesses to the next job market of poor people they can exploit. It’s a fascinating process that tends to confound the twin desires for a morally decent set of labor laws and a competitive economy. And I don’t really have anything useful to say other than that.
4) The intersection of historical truth and human nature is not pretty.