Anyone with a background on classical economics realizes the U.S is much closer to socialism than capitalism. The existence of 'prices' and greed doesn't imply it's capitalism.
Anyone with a background on classical economics realizes the U.S is much closer to socialism than capitalism. The existence of 'prices' and greed doesn't imply it's capitalism.
Anyone should recognize that the dominant system of the modern developed world is a hybrid retaining largely the capitalist structures and property regime, but adopting many strategies with origins in socialism (including advocated in the communism of Marx and Engels) for mitigating some of the effects for which 19th Century socialists criticized the dominant system of the developed world at that time, for which they coined the term "capitalism".
Its probably not particularly productive to argue about whether this synthesis is "closer" to socialism or capitalism.
Neoliberalism doesn't mean watered down free-market liberalism. The term describes a certain movement in (classical) liberal thought which wanted to seperate itself from former thinkers primarily based on the time they where living in.
While those thinkers have little in common, they genuinely disliked a productive state (as in the production of goods or the delivery of a service), cartels, interventions in the price mechanism etc.
All of that is far away from what the US or European countries are currently doing.
At least in Europe it's also used as a meaningless buzzword to scare people who think that the prefix "neo" means evil.