Are these valid examples of capitalism disadvantages

[Guest]

•Consumer preferences may be determined by addiction and persuasive advertising (false advertising)
•Possibility of formation of monopolies (merging of several powerful companies to make one huge company, thus controlling that area of the market)
•Public goods may not be produced in efficient quantities (Demand is greater than supply)
•Markets may not always settle at optimal levels of supply and demand (Not meeting at the Equilibrium)

[canikickit]

yep

[suffianr]

To be fair, the four points stated above by Guest are acknowledged by capitalists as being part and parcel of free market economic systems i.e. demand is in most cases always greater than supply because of scarce resources and unlimited wants for goods and services, consumer preferences are known to fluctuate based on market trends and equillibrium is impossible to achieve because of so many variable factors, blah, blah, blah...

In fact, imho, all four points are given characteristics of a capitalist economy, not disadvantages.

But the four points above are also weaknesses that are exploited by capitalists at the expense of the masses, they are also inequities perpetuated by the corporate sector and elite ruling classes of all capitalist economies. The four points are necessary for healthy capitalist exploitation of consumers (yes, you are one, too).

So, that's capitalism for you, imho. And that's why I hate it.