@Gifted_With_Languages Great Question. The short answer? No, pure laissez-faire capitalism will always lead to trust building, game rigging, concentration of wealth in the hands of a tiny minority and wage slavery for all the rest. Only if, in some far distant future, a purely altruistic version of humans evolve, will that not be so.
That does not mean that the only alternative is pure socialism, however. Government ownership of all means of production and distribution of wealth also vests vast power in a tiny number of hands, and human greed being what it is, the commissars use that power just exactly like the robber barons did to enrich themselves at the expense of everyone else.
What seems to work best and make for the greatest good for the greatest number is private ownership of the means of production and distribution of wealth, but with strong controls regulating business to keep the playing field level so entrepreneurs and small businesses, the fountainhead in innovation, have a chance to compete in the land of the giants. Rather than socialism, a solid package of social safety netting is best.
Look at the Scandinavian countries. Year after year, when the survey is done to find out what nations have the happiest, most satisfied people, they come out on top. We should learn from what they are doing that works so well.