When there is too loose of a state grip on economic activities, the forces of big money and large corporations naturally work to crush the little man. People lose the ability to gain a fair living through honest work.
I dispute that point. But, let us accept it for the sake of argument.
The government does not owe anyone a living. The government exist solely to protect and promote the rights and freedoms of the people; it does not exist to give them handouts, whether directly in the form of money or indirectly in the form of excessive regulation.
Another important point is that
everyone's freedoms must be equally protected. I see no justification for protecting the worker more than the business owner. On the contrary, both must be equally protected; socialism does not do so.
At the risk of seeming harsh, so what? Ultimately, the company is doing what it is supposed to do: achieve a profit. It is not responsible for your welfare, nor should it be.
A rather convenient argument, no?
But I ask: if you should be able to control your own life and destiny, why should the business owner not be able to do the same? Why should his so-called right to control his destiny be sacrificed to help you?
There is an enormous difference. The government is obliged to protect your freedom; the business must respect it, but it need not protect it.
In any event, businesses aren't taking anybody's freedoms away. If anything, it is the freedom of the business owners that is being trampled.