[dragonwriter]

> capitalism is kinda-sorta weaponized greed

There is no need for hedging language, it is entirely weaponized greed.

> but in a way that tries to promote competition and thus create actual value.

No, its in a way which tries to remove constraints from the power of the capitalist class, and full enable their dominion over society -- that's what drove it and how it evolved from prior systems.

The assumed existence of competition (along with other assumptions) making it optimal was a much later, after the fact attempt at rationalizing it in response to criticism, and actual attempts to promote competition were later yet reforms limiting capitalism, not part of its essence.