@oralloy,
I was clear about that when I said that we have privatized profits and socialized loses, plus we dont let failed firms die and disappear.
I also said that the government picks winners and losers, which is what the Soviets did, it is not capitalism.
And that is just the start of why what we have is not capitalism. There is much to not like about modern america, but dont say that it sucks because of capitalism.
As a socialist I am not defending capitalism, I am simply insisting that we speak truth.