Both. It’s kind of like asking if monarchy is the problem or if the problem is just evil kings. Theoretically even a dictatorship can work out well for the people given a benevolent dictator. The issue is with the vulnerabilities inherent in the system. For capitalism, it’s that those with more money have more influence and thus it creates a feedback loop where those with more money have more power to get themselves more money and therefore more power and so on.
Both. It’s kind of like asking if monarchy is the problem or if the problem is just evil kings. Theoretically even a dictatorship can work out well for the people given a benevolent dictator. The issue is with the vulnerabilities inherent in the system. For capitalism, it’s that those with more money have more influence and thus it creates a feedback loop where those with more money have more power to get themselves more money and therefore more power and so on.