It's not capitalism, it's the monetary system that's the problem. It's not a level playing field. Capitalism requires a fair monetary system as a precondition. Though I can agree that communism would be better than whatever perverse system we have now.

I think you're both right. Capitalism is an important part of a liberal society. But when we let private institutions become all-powerful then they can erode our freedom too. The problem isn't government or enterprise, it's the idea that only one of these things should be paramount. We need government to do unprofitable but necessary things and we need enterprise to pursue risky things. And we need government to regulate enterprise and enterprise to hold government accountable.

You can name a lot of symptoms of the problem but at its heart there's a lack of accountability in any of our power structures whether they be corporate or government.

One of biggest obstacles we will have to overcome is for people stop thinking that communism is the only alternative and cling to capitalism. Capitalism was tried by 120 countries in past 120 years. Not a single country can report harmonious society free of corruption and unnecessary suffering. Every country employ 50% of workforce on pointless jobs only because capitalism requires artificial scarcity.