Two big problems with capitalism:

  • The free market is an evolutionarily adaptive system that can provide best fit solutions, but can also fall into “evolutionary traps” as in biological evolution e.g. short term adaptations that are long term maladaptive - what we’re seeing now with our supply chain getting fucked because of the COOF is an example of this.

  • No individual player has any incentive to maintain an even playing field once they have become successful in a given niche (as competition could dislodge them) and inevitably work to secure monopoly status by building or modifying government power to do so.