Good analysis, but could be better if the historical association between capitalism and political ideologies is stripped away, it only obscures the real technical meaning of capitalism.
When we do that we realise it has been practiced for all of history, since before we were even humans, by most races of, and variations of humans.
Then we start to see not only is it responsible for racism, and colonialism, but also fascism, and every kind of slavery ever known, in fact just about everything we call "bad".

It is also interesting most religions seem to have had messages warning against it also.

In ancient Yoruba / Ifa, for example there is the story of how at the time of creation, Eshu tried to swallow up all of creation, but was pursued and chopped up by Orunmila, into an infinity of pieces to release it.

Sounds like decentralisation was the answer to that particular problem of greed.
Technical capitalism is also the reason we are locked into progressively polluting our global environment by extraction and consumption of fossil fuels.
All countries, ideologies, and political allegiances are doing it.
Stopping all of it requires that we realise the source of all energy is not capital of any kind, it is something free and continuous and clean, but completely out of reach of capitalism, the sun.
Capitalism, the drive for profit which can only be satisfied by exchanging one kind of capital for another, prefers to try recreate it in a box (fusion), so that capitalism can continue, but it might as well try to recreate god in a box, obviously impossible.
We can’t carry on with technical capitalism much longer, rest assured it will expire one way or another.
Hopefully not with us, the species.