The very nature of capitalism facilitates concentrations of power, which will utilize that power to accumulate even more in any conceivable way. The system is fundamentally flawed and needs to be replaced if we care at all for basic human rights and a future for this species.
What is your proposed alternative? I struggle to think of any system that doesn’t inevitably result in concentrations of power
Social Democracy. Commerce is key to strong economies, not capitalistic wealth hoarding.
Concentrations of power is made from the greed of people. Honestly, I beliefe that any sufficiently large society will eventually fall into capitalism, and the other way around, capitalism encourages border-less states, making effectively bigger communities.
However, with the current economic trend of de-globalization, things may eventually change.
The very nature of capitalism facilitates concentrations of power
No. Capitalism is one thing and one thing only: the private ownership of the means of production. The very nature of private ownership, means private citizens have the freedom to own what’s theirs, and trade it with whoever. The nature of capitalism, meaning its logical end state, is a free market in the truest sense. This is the opposite of concentrating power, because the means of power are completely disunited. In less favorable terms, the logical end state of capitalism is anarchy or chaos
Socialism is the common/public/collective ownership of the means of production. Holding the means of power in a collective is another way of saying it’s being concentrated. The logical end of socialism is the concentration of everything.
Of course, I don’t think we need to take either extreme too seriously. They both have faults, clearly, and they both devolve into something that more resembles the other with time. Capitalism adopts regulations or develop a state to concentrate their power against and enemy. Socialism reduces state power when civilians want more freedoms.
Point is, your characterizing of Capitalism seems misinformed, and it’s incredibly silly to think a fundamental replacement of our current system is in order, as if there’s some perfect ideology we can obviously replace it with
the private ownership of the means of production
You recognize how that itself is a concentration of power, right