An essay I cite often from wedontagree.net.
We Don’t Agree on Capitalism: Demarcating the Red and Black
The essay contains two parts. Historical background in Not A Good Century For Thinking is followed by A Long Overdue and Distinctly Anarchist Assessment of Capitalism.
The latter section goes on to describe a critique of capitalism that goes beyond the Marxist focus on economics, focusing on power dynamics, information flow, and control within groups and organizations.
One thing that I wish more people grasped about Anarchists is that we don’t just think domination results in bad outcomes for the person being dominated, but that it frequently results in subpar outcomes for the person who has power over the other.
Capitalists naturally pursue technology in a manner that reinforces power because it’s how they make workers easier to direct and control which does unlock certain economies of scale and also allows them to drive down wages. From the perspective of society broadly this is both inefficient and costly in the form of various negative externalities.
But this is kinda the point. Because what the broader capitalist system is optimizing for is control and then efficiency.
Some semi-related essays that would be good to pull in and link here are Aurora Apolito’s essay on Cybernetic Communism and William Gillis on Centrifugal Tendencies in Information & Wealth