Except that capitalism, now, has next to nothing to do with innovation or competition. Most of the wealth created and hoarded in contemporary capitalism is in the rentier sector- a sector based solely on owing property while collecting (perpetually rising) rents on it.

It's not comparable to the Holocaust, but it is increasingly exploitative ot ordinary working and consuming people and now seems to be based not on innovation, not on competition, but solely on creating inflated short-term profits or dividends at all cost- even at the cost of the long-term well-being or survival of the enterprises said artificially inflated dividends are collected from by such means as asset-stripping and deliberately understaffing the enterprises, while cruelly overworking those who survive the endless rounds of layoffs or offshoring.