If Capitalism was the default, you'd find it among apes. Instead Capitalism is a recent invention and it's always evolving towards stronger concentration of wealth.
But let's recap.
By now we know that wealth generation (by technology) doesn't prevent its concentration during distribution and how such concentration subtracts such wealth from being distributed (by definition).
Just like a dam at the river head, people concentrating wealth subtract to those who would get down the flow (think of Bezos and #Amazon employees).
Furthermore you accept that people are not rational agent: they are continuously manipulated through their biases (the "behavioral futures" that #Surveillance capitalist trade) to buy products they don't need (thus NOT generating wealth, but giving away their own wealth).
Also (as far as I can see in this thread) you don't contest the fact that corporation aren't rational either as they optimize one single scalar dimension, profit: the net wealth built by corporation that maximize profits is negative as soon as you take the externalities into account.
UMW is just a way to build a simple and effective incentive system designed balance #collaboration and #competition.
One the drive to accumulate more wealth is balanced by the need to increase the wealth of everybody else, corporations will have fewer and fewer reasons to fool people through #marketing.
So while people will stay as irrational as they already are, there will be no advantage to exploit their bias.
In that context, #AdamSmith's #trust would be possible again, raising the probability of actual wealth creation by rational trades.
Basically, in such framework Capitalism could probably work.
Now, you see all this is flawed, but you didn't explain (or I didn't understood) how.
"Information uncovered by activists in #Berkeley, #California, revealed a web of cooperation between state, local and federal authorities as they secretly spied on a political rally. This smoking gun conclusively proves that federal agencies actively partner with local law enforcement to facilitate secret dragnet #surveillance and indicates this is likely going on across the country."
Holy cow. #Mozilla's new "privacy network" #VPN is all being funneled through #CloudFlare?! It's a #privacy service... funneling *all the users browsing*... through #&$!$&#ing CloudFlare?!
Ok, they're promising to delete the data after 24 hours (after $diety-knows-who has taken a copy) but still... does this not seem like insanity to anyone else?
I've seen this story elsewhere, but it bears repeating. Giving so much information & power to one entity is always dangerous, whether that entity is Amazon, Microsoft, Google, Apple, some other company, or the government.