Are regulations mixed with redistribution more harmful than one of those alone?

We can all agree that regulations and redistribution are both very, very harmful.

However, I was wondering if the New Deal would’ve hurt as bad if FDR had done all price-fixing and other types of regulations, or all wealth redistribution, compared to the corporatist-communist mishmash that it was.

I was thinking that wealth redistribution alone would hurt the least, as long as monetary policy is left out of the picture.

I know Hoppe, in one of the essays in The Economics and Ethics of Private Property, discusses how one of the reasons that the Western democracies were able to economically outcompete the rest of the world was because their governments realized that if they relied more heavily on taxation as opposed to regulation it would disrupt the economy to a lesser degree and allow for greater economic growth.