Capitalism, socialism, communism, fascism... they're all great or horrible purely depending on the culture to which they are applied. There's nothing wrong with capitalism when it is underlied by strong civic and cultural values... which is why Chinese "capitalism" is such a hellscape, American capitalism is better, and Euro capitalism is better still. Of course all these examples are actually mixed markets.
The only thing that makes American capitalism tolerable are the "socialist" elements that coexist with it... Christian virtue, protestant ethic, private sector unions, social safety nets. Were it not for early 1900's socialists all you fucking peasants would have 0 days vacation and 70 hour work weeks. Unfortunately it seems as a people we've forgotten the horrors of early industrialization and we are sliding back into a gilded age. Too bad
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