> Capitalism doesn't dictate poor working conditions at all. Lack of regulation certainly does though.

It totally does. Regulation is basically opposed to capitalism working as designed.

Capitalism needs regulation to avoid self destruction. Without circuit breakers it devolves into monopolistic totalitarianism.

C.f. East India company. Then imagine them with modern military and communications tech.

> Capitalism needs regulation to avoid self destruction.

This is equally true for any alternative system to capitalism.

That's not true at all. That's just some propaganda college kids and the like keep repeating. Most other western countries are capitalist, have much stronger regulation than the US and are all the better for it.