From a systems perspective, negative feedback is required for a stable system.
But that is the whole problem. There is no stable system, there never was and I fear there never will be. There have been times of growth, but also times of severe hardship, and no one can tell what lies ahead of us, but at the moment it is not looking good.
Here in France it is strike upon strike due to people being unhappy with the prospect of having to work longer and living becoming more expensive. The Netherlands, a country normally full with docile sheep, is seeing more willingness to strike. That is the negative feedback you are talking about, but it is not bringing stability. It only makes things worse, because of the spiral effect that is at the grounds of it all.