Capitalism is alright enough… IF you have sufficient regulations to keep it fair and in check. Other places actually do that, unlike the US.
That said, the US is also scared, as a whole, of the word "socialism" - although I'm glad that seems to be slowly changing. The entire point of government is to take care of its people, and our schools and military and cops and fire department and transportation and so many other things are already............... socialism.
We need MORE socialism - our taxes should pay for all of these services for We the People, not into the pockets of the ultrarich.
We have an a oligarch problem and it has guillotines written all over it. (to reference the ancient headache medicine commercial)