I have come to the conclusion that all 'isms are flawed, theoretical constructs. I used to believe in capitalism but now see that it has issues. It starts off OK when you are all poor and are trying to drag yourselves out of poverty but soon something happens.

We get figures like John D Rockefeller who strike it big. They become richer than many countries and that gives them extre,e power. People being what they are they might use that power to their personal advantage. At that point I believe that capitalism goes off the rails.

Instead of using capitalism to encourage small scale innovation and entrepreneurship it encourages huge scams. In Rockefeller's case he went into his father's business of selling quack medicines. He used his wealth to buy into pharmaceutical companies, rewrite medical textbooks and finance medical schools that would promote his potions.

Look what happened with the COVID-19 jabs. Wealthy capitalists just played the system to maximise their profits.

It is difficult to know how to fix things because if you are rich then you can employ experts to hide all your money if it needs to be hidden. That is where the "own nothing but control everything" mantra comes from. Set up foundations and give all your money away - but retain control over it so the foundation can still pay you a large salary, own property, pay for travel and accomodation etc.