"I don't think that capitalism should be unbridled, if by "unbridled" you mean unregulated"

This quote by Chris Patten recommends that commercialism should not be entirely unregulated. Industrialism is a financial system in which private individuals and services own the methods of production and are free to run for profit. Unchecked capitalism is a system in which there are no guidelines or limitations on the activities of companies and people. While commercialism can be useful in terms of financial growth and development, it can likewise lead to inequality and exploitation if left unchecked. Therefore, it is essential to have guidelines in location to guarantee that the system works for everybody. Chris Patten's quote recommends that commercialism should not be completely unregulated, as this could lead to negative consequences. Rather, it should be managed in order to make sure that it works for everybody and that it does not result in exploitation or inequality.