> If you assume that capitalism is intended to work not in the way sought by the people who drove the move to capitalism but instead according to idealized economic theories much younger than capitalism, sure.

I actually agree with you. Much of the foundation of capitalism was based on flawed assumptions ("perfect information" being a major one). Huge amounts of abuse were allowed to be perpetuated as a result, and it's fair to call into question the legitimacy of the entire enterprise.

That said, there are good ideas in capitalism, and we shouldn't throw out the baby with the bathwater.