So, just what is the correct relationship between capital and labor? And how can it be achieved?

It has been debated forever, and vigorously since the mid 19th century, and contentiously in the US since Teddy Roosevelt.

When governments try to enforce a “system” to that end, they simply limit growth and go broke.

Where there is laissez faire, wealth is created, but labor becomes restive.

It is clearly a rhythm or cycle.

If you were King, what would you do?