While it is true that powerful economic interests buy out governments to increase their grip on markets, even if no governments existed it wouldn't necessarily stop the concentration of economic power falling into few hands, by big companies buying out, pricing out, or otherwise eradicating smaller firms from the market.
In a world when governments were not corruptible they could be used as a tool to limit the concentration of economic power into few hands. However, we do not live in that world.
If humans were happy to share economic resources and were not driven by pathological greed then the free market could be an effective way to ensure good economic outcomes, with a fair distribution of resources. We do not live in that world, either.
What is the solution?
As best I can see it, the best outcome is to have governments that are keep under close watch by a well-informed population, to keep corruption in check, and to have a mixture of free and publicly influenced marketplaces where the interests of all are met as best is possible.
Text below:
Capitalism v communism
By KIM MICHAELS,
From "My Lives with Lucifer, Satan, Hitler and Jesus."
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