Capital eventually moves to concentrate power by merging entities and monopolizing markets. It wasn't designed to do that, but is a consequence of allowing it

Capital eventually moves to concentrate power by merging entities and monopolizing markets. It wasn't designed to do that, but is a consequence of allowing it to operate without regulation. As a result competition is reduced and the consumer harmed. We generally don't consider that we have "laissez faire" capitalism, for a reason. Interestingly, when it comes to bailouts and government subsidy, we don't seem to have a problem recognizing this fact. When the citizens are being paid poorly, we suddenly find ourselves searching for the "true meaning" of capitalism.