So, government regulation will lead to all bad things we see today in capitalism? But capitalism won't. This is not very sound logic.
Everything government involvement touches gets more expensive. See healthcare, college tuition, student loan debt as some easy examples.
Medicare is cheaper that US private insurance:
* https://www.kff.org/medicare/how-much-more-than-medicare-do-...
Also:
> A single-payer universal health care system could cover every American, save more than 100,000 lives a year, and still cost $1 trillion less than the system it would replace, according to a new preprint study led by researchers at the Yale School of Public Health.
* https://ysph.yale.edu/news-article/universal-health-coverage...