You have “welfare capitalism” as they define it so that they get to still try to keep people tethered to capitalism. Capitalism is not just having money, it’s a system that prioritizes said money. Capitalism seeks to reduce regulation and separate the worker and owner class and basically by definition you don’t get to have a say if you don’t have money. Scandinavian countries are not finding a balance but are resisting capitalism while keeping its name and to make people not be afraid of not having it(for some fuckin’ reason people really want it I don’t get it).

If you have strong regulations, a government focused on taking care of people instead of relying on businesses to do it, and the people have fair power then you don’t have capitalism, just a system where private ownership exists but is not jerked-off at every turn like in the states. It was literally made up so the merchant class could keep all their money as monarchies were falling. It’s a not something you want to even associate with. Even the states hasn’t gone full capitalism because they know(knew) that it’s not a truly viable system.

I also want system with some level of private ownership, but I also don’t think private, for-profit power generation should be a thing and if a company under “capitalism” is too big to fail then at least a large part of it should be sold to the government, and at least have it’s executive board purged, not handed a bunch of money as they hold their employees’ jobs hostage.