This reminds me of my own version of a certain Churchill quote: "Capitalism is the worst form of government, except for all the others that have ever been tried."
Seriously though, as others have pointed out, what we have in the US isn't so much capitalism as crony capitalism: privatized profit with socialized risk. Much of the anti-capitalism/pro-socialism crowd fails to make that distinction, or equates all capitalism with cronyism. Another overlapping portion simply live in a world entirely of theory (social theory, not economic theory), and are historically naive and uninformed about the fact that radical socialism has been tried many times, and had considerably worse failure modes than capitalism has shown thus far.
Seriously though, as others have pointed out, what we have in the US isn't so much capitalism as crony capitalism: privatized profit with socialized risk. Much of the anti-capitalism/pro-socialism crowd fails to make that distinction, or equates all capitalism with cronyism. Another overlapping portion simply live in a world entirely of theory (social theory, not economic theory), and are historically naive and uninformed about the fact that radical socialism has been tried many times, and had considerably worse failure modes than capitalism has shown thus far.
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