Respectfully, it is certainly not called “Capitalism.” It is “Cronyism,” at best. It is also mostly “Fascism,” the collusion of corporate and state interests. It is near 180 degrees from capitalism. It is anti-competitive, terminally corrupted, and will ultimately fail. We haven’t had free markets since a bit more than 100 years ago...
The Civil War started that practice in this Nation. I didn't realize this until about the last two years when I started looking at the financial reasons for the war. It was a collusion of crony capitalism between Northern business giants and the government that launched that war against the South to stop them from breaking up their sweet deal.
Another Ping to BroJoeK which he will likely ignore.