Not always. Unless “always” for you means since Reagan.
There were meaningful regulations in place, that probably didn’t go far enough for you and me, but were a lot closer than the absolute free-for-all insanity we have now. This has been a regression to pre-Depression era crony capitalism, and I’m afraid it will take another depression to wake these motherfuckers up.
I’ll know times are changing when MBAs start leaping out of buildings.