A free market processes information to distribute resources to the already wealthy

FTFY.

During its finite lifespan, it’s useful.

Useful to whom? The enormous amounts of cheap, expendable and impoverished labor required to keep the parasites rich, perhaps?

If you don’t like “late stage capitalism”, then you’re a free market lover at heart

Riiiight... if I don't like beheadings I must (somehow) also be a fan of traumatic amputations? You're a genius, Clyde.

It's not all bad, though... I do like your "ashes" metaphor - it's pretty apt to describe what capitalism has delivered onto the world.