that doesn’t make the things it ruins intrinsically bad

Hmmm tricky, see for example https://thenewinquiry.com/super-position/ where capitalism is very good at transforming everything and anything, including culture in this example, to preserve itself while making more money for the few. It might not indeed change good things to bad once they already exist, but it can gradually change good things to new bad things while attempting to make them look like the good old ones it replaces.