This is just a side note, and not immediately relevant to most of the conversation.
While the system that the United States labors under appears to be capitalist, it is by no means purely a capitalist system. In a true open market capitalist economy, business organizations do not lobby the federal government to legislatively support out-dated business models
. In a capitalistic economy, US-consumed ethanol would not be produced from corn.
In fact, we wouldn't be drinking high fructose corn syrup in our soda
. There would be no worry of interlocking directorates
as corporate leaders would make perfectly rational decisions (and probably earn a whole lot less). We wouldn't have social security (as we know it now), publically supported museums, welfare, and a wide range of other assorted things.
Our economic system has both good and bad points. However, pointing to it, calling it "capitalist" and using that as a basis of argument is naive, to say the least.