I tend to agree with this sentiment, but my takeaway is slightly different.
People who would describe themselves as supporters of "capitalism", as well as supporters of "communism" or "socialism", are not able to admit that their belief systems are actually religious in structure. Not spiritual perhaps, but effectively "secular religions".
Both capitalism and its nemesis arose in the mid 1900s, when humanity was obsessed with modernist thinking about "solving problems once and for all". And in that context, the people fell in love with these two "clean systems". A more perfect set of rules.
Sure, capitalism doesn't claim to be the most powerful god. But in surrogacy, it claims to be "the least imperfect system". Which is structurally the same claim: declaring the scripture to be some apex that is not surpassable.
The main difference between communism and capitalism was how it was implemented. The USSR went full-tilt ideologically rigid, and collapsed very quickly. The US didn't go full-tilt capitalism. It implemented a hybrid system with a high marginal tax, welfare programs, subsidies, labour unions, public works projects, along with a market system, and that hybrid non-ideologically rigid model served it well.
Around the time it was clear the USSR was collapsing, the USA went hard tilt in favour of ideological purity in capitalism. Systematic series of clawbacks in the tax regime, privatization, elimination of labour unions.
As they leaned into the religion, it was used against them, much like the communist religion was used against the people of the USSR. And now they have been robbed of their prosperity, of the value of their efforts, much like the people in the USSR were robbed.