Utopian ideals of capitalism, socialism, libertarianism, etc will never fully exist. That seems to be a given and acknowledged by everyone, regardless of ideology. My simple working definition of capitalism here would be a free market coupled with a respect for private property and personal freedoms. The idea that the US has lived under capitalism at any point in the last hundred years is ridiculous. The government has its thumb on the scale of every market, owns almost all of the infrastructure, and picks its winners in every industry.

Allow me to intervene.

My theory is that there's no flaw in capitalism in itself as a scheme, but on people's intuition and conception of reality. People conceive reality from the fixed pie point of view, and intuitively think that for anything to work properly someone should command it. It's perhaps an inheritance from our most primitive upbringings, when those simple concepts where the absolute truth in an unproductive, uncohesioned society.

About "it's not true capitalism", it doesn't compare at all with the "it wasn't true socialism". We say "it isn't true capitalism" when you don't have that many companies to choose from. Socialists say "it wasn't true socialism" when tragedies are measured with no less than 8 digits on any parameter (deats, destruction, loss of capital, etc). The virtue of capitalism is that even when it's not "true capitalism", it's the highest standard of living on earth. When it's not "true socialism", there's no standard, no living, no earth.