ELI5: Explain Like I'm 5

Regulatory capitalism

Regulatory capitalism is a type of economic system in which the government makes policies and regulations to control the economy and help foster a healthy business environment. It sets rules, like minimum wages and environmental standards, to make sure businesses and people are treated fairly and that the economy is running in an orderly manner and growing. The government also uses the regulatory capitalism system to help businesses be successful, while still keeping the interests of workers and the public in mind.