(1)
"Capitalism creates a huge community of producers who are unceasingly striving to deprive each other of the fruits of their collective labor, and an oligarchy that cannot be effectively checked even by a democratically organized society....
If you add "unregulated" and perhaps also "corporate" I'll be right there with you. Small scale entrepreneurialism is still capitalism given control of labor belongs to the worker--and there's just no evidence in history to suggest social control of all labor can work with human beings.
