As with a pure democracy, in order for market forces to work, you have to assume that the individuals really want what is best for them or best for society at large. Pure capitalism isn't going to solve many serious problems that can be attributed to tragedy of the commons -- pollution, fuel efficiency, etc. -- because not everyone is an expert in those areas, and I don't fault them for that. Likewise with issues like racial and gender discrimination, if those decisions were left up to individuals to decide whether they "want" to promote fairness to marginalized people, then I can assure you that the status quo would not change. Market forces can fix many things, but they won't fix societal issues way larger than the individual -- or at least not in a timely manner.
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