And, no -- I did not make a semantics argument. The point of defining capitalism was to emphasize the the fact that the US economy is not a truly capitalistic economy -- Uncle Sam is heavily involved; the article insinuates Capitalism is to blame. But you didn't read the article, did you? No, you didn't.
Also, I know the difference between public and private ownership -- I've worked in corporate law for a number of years. I've literally created the initial shares for newly incorporated public and private corporations. I currently work at a multi-national and we are about to go public, as well. While you Google these things, I do it for a living.
I'd also like to point out that I have no idea what you're talking about when you talk about Shareholders "counting" as private owners". Whether it's a private or public company, both fall under the umbrella of private ownership.
You're lost, bud; hope you have a better day and learn to have a conversation.