So, you accept creative destruction as a key feature of capitalism?
Yes, your relatives horse business was replaced by a improved method of transportation. Carriage makers turned to making automobiles. Horse dealers turned into car dealers or taxi cabs or such or found highly paid work in the factories.
Tell me how the govt shutting down mom and pops while allowing the large box stores to remain open is capitalism. It’s not.
In the 20th century the gov’t broke up Rockefellers Sun Oil and Ma Bell because they got too big and was stifling competition..heck there was no competition at all with the phone company you had one choice. That is not capitalism.
The billionaires today(not all) need broken up...and not paying any or very little tax while my wife and I get f**ked every year is just not right.