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So competitive markets are one part of a capitalist system, like I said… and capitalism is defined by using these markets to extract surplus labor value, like I said…
You're missing the point completely my dude. There are no competative markets anymore. So there is no capitalism anymore. Do you understand?
Without a competative market, the system that's extracting surplus value is NOT CAPITALISM.
Do you understand what the word "constituent" means?
It means, "a component that is part of a whole (noun) or something that's necessary to form a part of a larger structure (adjective)."
Competative markets are constituent components to Capitalism. Thats what the wipedia page you linked says right after you stopped quoting it. So without competative markets there is no "whole" there is no capitalism.
If you sit down in a theater to watch a movie, and the projector doesn't work, do you think you watched that movie? You bought a ticket for it. You sat down. But the constituent component of a projector broke, so all you saw was a black screen.
That is not a movie. Let alone watching one. But you would argue it is because you bought the ticket and sat down in the theater.
Capitalism's competative markets are likewise broken, so what people are now experiencing is NOT capitalism.
This is not a hard concept to understand.