The main problem of capitalism is that, like gravity, the effects of its principles and operation cannot be repealed, avoided or abrogated.
Capitalism, like gravity, is a naturally arising phenomenon. It manifests spontaneously and inexorably among human beings that are pursuing their rational self-interest absent any significant external coercion circumscribing their actions.
Just as every human physical activity on earth must account for and fully respect the ubiquitous operation of gravity, similarly every humanly created political and legal system must account for the inevitability of capitalism - and comport with its principles.
Its principles demand complete accountability for one’s actions or inactions. It quashes and destroys poorly conceived or executed economic and business plans. It doesn’t recognize nor reward irrationality – most especially the desire of something for nothing.
Therefore, its greatest weakness is that the conniving political class of world improvers cannot by their regulatory fiat alter these immutable principles to create a more fair and just economic system or society any more than they can repeal the laws of gravity so that pigs, in their current anatomical condition, can fly at will on their own volition.
Politicians or others ‘regulating’ capitalism in an attempt to improve or modify it is about as absurd as airplane builder Boeing replacing their entire aeronautical engineering department with lawyers and professors of linguistics - with Noam Chomsky in charge of the whole affair.
Thus, when the planes fall from the sky because of faulty engineering, the lawyers will blame gravity – not their lack of respect and understanding of its power and principles. They will claim that what is needed is more and better 'modification' and 'regulation' of gravity - don't you see.
Just as today when preposterous political schemes of economic engineering crash and burn – politicians and academicians blame capitalism - oblivious to their own ignorance and culpability.
Capitalism is not without weakness, but the driving theory is that the market will make the corrections all on it's own. I do not believe that is entirely correct, I do believe that oversight is necessary. Some oversight is necessary. Environmental issues come to mind. When there is no profit in making sure the next generation of consumers is alive to buy, the market tends to skimp (more profit) on the clean up and repair. It needs to be done for our grandchildren.
Thanks for an articulate and pointed comment. Made me think, I hope it inspires others.