I pretty much agree with you, but not because I think that "capitalism" is a thing with agency, or its agents are pursuing this as an explicit strategy. I think

I pretty much agree with you, but not because I think that "capitalism" is a thing with agency, or its agents are pursuing this as an explicit strategy. I think unrestrained capitalism progressively optimizes away people's options and choices--the means by which people find identity, fulfilment and meaning. It slowly reduces human meaning and purpose to "net present value". People who are denied good options will get very creative and specialized in their search for personal meaning, and they aren't going to be fair and balanced in the process. I like capitalism very much, as a practical economic mechanism. I don't much like it as a governing principle or absolute virtue.