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Unregulated capitalism, perhaps. However, I don't think the US has capitalism (well-regulated or otherwise) today. Today we have a system where gains are priva

• yosito 8y ago
  Why do you say that's not capitalism? I'm no expert but a lot of the socialists I've talked to see capitalism as privatization of gains. Socialized losses are just the other side of that equation. Coercion of elected officials is corruption and it happens in both capitalism and socialism. Edit: Downvotes but no answer to the question?
• acdha 8y ago
  The end of your comment sounds exactly like the guys who defend communism arguing that it’s never really been tried. I think this is capitalism but that that recognition leads to the understanding that it comes in more and less healthy varieties. The U.S. version has oscillated over the years and we can see the results of the better and worse eras. (This is similar to the way some people use “socialism” to mean something like the Cultural Revolution and completely ignore the existence of e.g. European and especially Scandinavian examples)
• rascul 8y ago
  Capitalism is simply the private ownership of resources and production for profit. We have that. We could certainly do it better, though.
• s2g 8y ago
  Sounds like capitalism to me. Corporations have just managed to leverage it for long enough to create what we have now.