CAPITALISM an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
"an era of free-market capitalism"
So Capitalism is controlled by private owners for profit,and these private owners gave their businesses to CHINA for higher profits,because they didnot want to pay a union wage to their employees.So if this is the case,Capitalism does not work,because now it is strangulating the Americans pocket.There is no free enterprise because they control the prices and the markets.Right now America has a dying economy fuel by racism and privatilization of wealth!Capitalism does not work for poor people,because you got to have some socialism in the mix in order to get free programs such as trade schools,and free education period.But if Capitalism is making going to college ridiculous,then it does not work.It is most important to have socialist programs so that the people can advance and rise up the ladder to middleclass status.But with privatilization of companies,they can rise prizes as high as the sky and this is what is defeating the economy system and causing high inflation.High medicine,car insurance,mortgages,transportation,poor infrastructure,bad water.Everybody is playing monopoly without any money.And China is in control of Capitalism in America!So keep fouling at Democratic -Socialism and this country will be destroyed.Only people that are capitalist in this day and age is the politicans,and the wealthy!