I feel like this is like saying "there's nothing wrong with skydiving without a parachute, it's hitting the ground that's the problem".

The very nature of how capital is designed to accumulate under capitalism makes avoiding late stage capitalism impossible. The ownership class will always accumulate enough capital to exert more and more control over the government meant to regulate its greed. Eventually creating a cascading effect that destabilizes the markets ability to distribute resources in a way that can support a civil society.