Decades spent in business cured me of similar notions. Externalities, reflexivity, and information+power asymmetry are (among others) unsolved problems in our c

Decades spent in business cured me of similar notions. Externalities, reflexivity, and information+power asymmetry are (among others) unsolved problems in our capitalist systems. Pretty much anything anyone can get away with that doesn't impact the metric being measured, they will. When the metric is price, all sorts of information is lossy-encoded into that metric. I agree with the overall direction of your sentiment, it is just that ample time in the trenches of doing business has disabused me of the effectiveness of capitalism to regulate markets the way we think it does. It regulates the markets all right; the amount of human ingenuity spent trying to game the system at others' expense either now or in the future never ceases to impress me.