I don't really like the "as intended" take because it fails Hanlon's Razor. Even Karl Marx understood that Capitalism is doomed to a crisis and revolution cycle, not because that's what anyone wants, but because it is a law of nature.
The same is true of first-past-the-post voting.
The resolve to tear it down is still plausible though. I don't know whether it is possible to escape capitalism without a revolution. The alternative is a perfect storm of progressive legislation that seems unlikely to occur in my lifetime.