“ that for the most part regulations and due process emerged to protect public interests from private capture”

I just flat out don’t buy this. The majority of regulations I see “abundance” type people arguing against were never aimed at curtailing private capture. They are aimed at keeping neihborhoods unchanged for generations, making sure everyone up-and-down society gets veto power over any project regardless of type or upside of it, and making sure arbitrary unrelated “goods” are enforced with as much bureaucracy as possible during development (the best example of this is trying to get solar panels built and having to fight many years of “environmental” review for something so desperately needed for our environment).

>keeping neighborhoods unchanged for generations, making sure everyone up-and-down society gets veto power over any project

You're giving government too much benefit of the doubt. It's not even private stakeholders vetoing these things. Often times is even opposed to these small projects in ways that the most tiny cheap concessions couldn't mitigate. A great many of these projects are dying because the government and its bureaucracy can't/won't approve them, not because anyone doesn't want them.