I agree that the statement is wrong. For me is something more like "the way we try to apply capitalism is not working". But as some people only accepts "capital

I agree that the statement is wrong. For me is something more like "the way we try to apply capitalism is not working". But as some people only accepts "capitalism" as their way of applying it, the dialogue gets confusing. "Capitalism is not working" can be translated as "the way some people defines Capitalism is not working". And I agree with that as much as the numbers indicate a growth slowdown or even recession in all major economies. I don't think that most people advocates for abandoning capitalism, but to improve how we do things in a way that helps everyone instead of a selected few. Better public education, better health care, better work conditions is still capitalism but just of a different kind.