It's not a problem with capitalism, it's crony-capitalism.
If you search, you will find politicians have direct or indirect ownership in most such business, thus, no one held liable.
Put a killshot fine of 100 crore per bed falsely claimed to be occupied or oxygen cylinder hidden and all this masti would end in a giffy. Even milards will not dare intervene at such a time.
Don't know, we may learn in the coming days.
The problem is that this is not an isolated incident but the norm.
There can never be ideal capitalism .
Bribing is effectively termed as lobbying in usa. Crony capitalism is simply when corporation's do the job what the state is supposed to do.
Ideal capitalism is utopia where every man makes his mark as his abilities allow him in what ever field , but it's a simple thing that as single man cannot fight the state ,he cannot fight the corporate.
Why you won't see a general store in amrika , as you see here in india ?
In this way india is more capitalist than usa , where 7 eleven or Walmart dominate.
Crony capitalism will lead to anarchist capitalism if not resisted by socialist or communist or as in our and Iran's case , nationalists , who as again in both cases religious and cultural nationalist , we are closet socialists too , many are but they won't admit it.
No need to follow ameriki right-wing, who larp this free market windbag thesis, no need.
We nationalist even though cultural , care for all here , unlike them who have very less regard for those except for overt gestures .
As it's said there is no ideal communist utopia , so there is no ideal capitalist heaven either.
Any ideology is ultimately infected by what I must say as unavoidable human biases , justified as such in the name of adapting to a national scenario which is well and good but capitalism is an exception.