Why does Communism require "true equality amongst its citizens?" What does that even mean, in practical terms? How would a group of people take advantage of this to form a "practical dictatorship?"
Capitalism does not deploy the most efficient means of product delivery, but the most profitable. It means weaker but more profitable products are pushed, and rampant consumerism of useless trinkets is pushed for profit. Collusion and monopoly are not why Capitalism cannot work, those are merely symptoms of a broader exploitative system that naturally decays due to issues like the Tendency for the Rate of Profit to Fall.
What of Marx have you read? Or any leftist theorist? I can make some suggestions for reading material if you wish.