Yes. But that’s why we created checks and balances between branches and across local state and federal. And have a balance of direct democracy and representative republic institutions. That’s why the rule of law matters.

And just like you can have a good form of government or a bad form of government you can have a good form of market capitalism and a bad form. A monopoly is not market capitalism, it’s the equivalent of a monarchy. Say what you will but even the UK has checks and balances on the monarchy.