No. However the ideology of capitalism void of the operating principles of an evolutionary meritocracy is a debacle. A can of evolutionary ignorance we kick further down the road, and our next generation will get served the bill for.
Our implementation of capitalism is failing us. Competition is good, but competition’s fate should be decided by evolutionary merit, not have a few preordained numbers of people die as the wealthiest people in the graveyard at the expense of others.