No. The problem is that capitalism creates wealth but in an unsustainable manner, and distributed very unevenly. This is pretty inherent in how capitalism works, because the way the free market works is that it responds to people voting with their dollars. This means that people with more dollars get more votes. So, guess who ends up with all the wealth?

This is a very simplified version of what goes on in a capitalist economy, but it can be made more rigorous using modern concepts of economics. The end result is still the same, though: a very few control an immense amount of wealth, while many have little, and some have none or nearly none.