Yes, you have described the 21-century American political-economic system. What do you gain by adding the word "capitalism"? How are these negatives caused by d

Yes, you have described the 21-century American political-economic system. What do you gain by adding the word "capitalism"? How are these negatives caused by defining characteristics of capitalism? How do you explain that other developed nations do not suffer from these problems despite also running on capitalism? Use Occam's razor. By adding unnecessary qualifiers to your statement you are decreasing the relevance of your statement, not increasing it.