Capitalism will seek profits over all else. If that requires implementing corporatism as a form of government it will endeavour to do so. That is the point of the whole god damn thing.

Capitalism is an extremely potent and powerful tool to create profits. Whatever else it does is incidental. If the food system can get away with creating a profit by making you eat sawdust then it will. All costs are externalised as much as possible and all profit is privatised as much as possible. This is not a bug but a feature.