Yep. People talk about "peak capitalism", "late capitalism" etc. but they don't realize the world used to be much, much more extreme. Even until a few centuries ago, even public cops or prosecutors weren't a thing.
Isn't that why people call it late capitalism, because it is in its final phases? Pure, unfettered capitalism has been dwindling for a long time, mostly because of issues like slavery, severe exploitation of workers and forced child labor. Yet still many issues remain.
I would say peak capitalism is colonial times, when companies had private armies and people were enslaved/massacred for profit.
