Consume Product

I think the problem is people confuse capitalism with authoritarianism, tyranny, despotism, cronyism, or corruption, and the issue is we don't really have a free market. We have a tyrannical authoritarian government controlled by a wealthy managerial class, elites, who use the government to control the economy and steer economic policy, and use government violence to ensure their interests. That phenomenon of tyrannical government clouds people's judgement. Myself included. I'm a former leftists.

On the one hand, we have capitalism: we know that it works, but government is standing in the way. And on the other hand we have communism: communism cannot work because it's built on a farce which is centralized control over the economy. Both systems are trying to address economic calculation. There's information in the economy that reveals itself to us via prices, prices that occur naturally via market forces. And then, of course, utilizing prices, you have the profit-loss mechanism to signal the efficient distribution of resources.

If the government steps in and meddles in the economy then economic data/prices become distorted and the economic output gets less efficient and benevolent.

Under communism, there is no free market, prices are set arbitrarily via government bureaucracy, therefore there's no natural price system in place, no profit-loss mechanism to signal the efficient distribution of resources and you end up with totalitarianism and mass murder. Which we know happens sooner or later, every time communism is tried.