Comment by krapp

>I don't understand this distinction, why wouldn't capital accumulate under free markets?

It would, which is why businesses support deregulation - not because they believe in vigorous competition for the sake of consumers, but because they want as little friction and consequence standing between themselves and oligarchy as possible.

A market in which the wealth "flows freely in all directions" is socialist, not capitalist. "Fair" markets are regulated, and by definition not free.