Hard to say whether this is a feature or a bug of capitalism. It's like an alternate definition of enshittification though:
Once you've exploited every moral way to make money with your business, expand your scope to every "legal" way.
Note where this particular Venn diagram will fail to overlap.
“The point of a system is what it does.”
I'd call it a bug. If we don't fix it, I think that our habit of creating incentives towards outcomes that nobody actually wants will eventually kill us.