Then your issue isn't with capitalism but fiat. We are on the same page.

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Capitalism without fiat is just maybe not as bad

Depends on what you mean and understand from capitalism. It’s kinda of a loose term that carries with it a lot of ambiguity.

Does it mean one can operate I a way that distorts the markets? Because an unrestricted market gets distorted by those with power and influence. That power and influence comes from having a lot of capital. So it’s a tricky one.

“How do you have a fair market while removing the rules that make it fair?”