@John Demille
Capitalism is what humans truly want. Capitalism is another word for 'economic freedom'. You're free to own, you're free to do and you're free to be whatever you want to be.
Um. Free Market Capitalism, which is the variant of Capitalism you are referring to, is a economic system that works in an acceptable manner so long as there are no natural or created monopolies, the start up costs of entering the market are comparatively low, and there is large demand for the product. If the answer to any of those variables is "no", entry into the market is restricted.
Given the above, competition for customers is supposed to keep prices down to where the greatest number of people can afford the product.
High demand, low setup expense, results in enough units being produced that the amount required from each unit sold to pay for fixed costs is low, allowing a lower price charged per unit while still making a reasonable profit.
In a low demand market, fixed costs needing to be recouped on a per unit basis are much higher, resulting in a higher price having to be charged in order to obtain a reasonable profit.
Non-monopolistic markets form where the start up expenses required to enter the market are low when compared to the expected return on investment per item sold, given the number of items expected to be sold. In other words, if it doesn't cost much to gear up for production, you have a chance of being able to price your product such that you draw potential customers away from the established producers. If it costs a lot to gear up for production, demand needs to exceed current product availability such that a price per item high enough to recoup your startup expenses within a reasonable period of time will be acceptable to the market.
Once a market is saturated, it will only gain new producers if the entry costs are low, and the prospective new producer can think of a way to "spin" their product to make it more attractive than those already being produced.
In a monopolistic market, there is little or no competition to drive prices down, and if a high demand market at the same time, every incentive to keep prices as high as the market will bear.
Natural high demand monopolistic markets are those for which the resources required for production of the product are scarce or otherwise subject to restricted access; once the initial product producers are established, there are no resources available for the use of potential competitors.
Artificial monopolies are generally the result of collusion between resource providers, manufacturers, and retail outlets to limit entry into the marketplace, to keep prices, and thus profits, artificially high. The Diamond market is an excellent example of this. Some would argue that the actions of the Energy companies to prevent the widespread entrance of Solar energy products into the energy market is an example of this.
Unless there is an artificial limit placed upon the number of licenses issued, educational requirements for licensing to participate in a particular market does not really meet the requirements for the creation of an artificially monopolistic market, the educational expenses just become part of the start up expenses for entering the market. In general, educational requirements for being allowed to enter the market are a result of substandard product being produced by those lacking that educational background. Substandard meaning just that, below the standards established for the product; this presumes that the standards are set where they are for good reason.
In a monopolistic low demand market you have to balance the fixed costs per unit, the amount of profit you'd like to make, and the maximum units your market would consume, to arrive at your final price.
In a low demand market, you really hope that within that market the need for your product is high, so that you can accurately calculate the maximum number of units sold, and set your price correctly to cover your start up and fixed costs while still providing a reasonable profit.
Low demand markets where the need within that market is low, even if not a natural monopoly, tend to become monopolistic because the market is too small to justify the start up expenses for anyone looking to compete with the established players.
Note: I keep using the phrase "reasonable profit". This differs from entrepreneur to entrepreneur, what they consider a reasonable profit per item sold, which is influenced by how much they feel they should set aside for maintenance and replacement of their means of production, and explains why some are willing to attempt to enter markets that others have decided aren't economically viable. It also explains the Open Source movement; these are individuals who have decided that they can have a reasonable return on investment without that return being monetary; they may cloak that with prattling of ideology, etc., but it really boils down to their gaining enough emotional satisfaction from making their product available to those who need it that they do not feel the need for financial remuneration; this only works for those with some other secure means of support; economic reality will always trump ideology in the end.
Democracy, Fascism, Communism, Socialism, Theocracy, etc., are all socio-political systems that modify the environment within which Capitalism functions, and how they modify it determines how easy or difficult it is for an individual to enter the market outside of true economic expense, and how much of the gross profit per unit sold they retain.
At least, that's what I remember from the economics classes I took 15+ years ago.