You prove my point. Companies are about profit, not the needs of workers or customers.
Congrats you're catching on. We are agreed then the purpose of a business is not to provide for your standard living. Wonder who's job that is though.....hmmmmmm......COULD THAT BE YOUR ******* JOB YOU LAZY SACK OF SHIT?
No that is not how the logic would follow. Your example would be requiring someone else to be responsible for your standard of living. The liberty of the individual is the business owner being free to run his business how he/she sees fit. It happens that it is in that person's best interest to provide reasonable compensation to his/her employees. It is also in his/her best interest to do right by his/her customers. A by product of an owner successfully accomplishing thiose things are more jobs which translates into an improved standard of living.
Of course there is regulation, guys, or the owners will force the workers into a form of indentured servitude if they get their way. If they succeed at that, then put the owners against the wall, metaphorically.
Again doing so would not be in the best interest of the business owner. You pretend for a second. Let's pretend what you say is true. That left to their own devices and business would screw over its employees and its customers. Does that honestly sound logical for the survivability of a business?