We need a crony crackdown, not socialism.
The problems most people have about capitalism is the practice of cronyism which capitalists oppose.
Cronyism always requires utilizing the government to influence the market. Socialism amplifies that exact problem by further integrating government and economy. The government needs to set up and enforce the rules but essenfially stay out of the market.
Rent-Seeking: Profiting through lobbying and political manipulation rather than innovation.
Regulatory Capture: Industry interests controlling the agencies meant to regulate them.
Anti-Competitive Barriers: Using government rules to block new rivals and protect incumbents.
Patronage/Favoritism: Distributing public contracts and subsidies based on connections, not merit.
Socialized Risk: Expecting taxpayer-funded bailouts for failure while keeping private profits.
Misallocated Resources: Directing capital to the "connected" rather than the most efficient, stalling growth.
We need to crack down on the practices. If we wish to maintain a free market we must root out those that erode the freedom of the market by engaging in these practices by manipulating the government.
As for socialism, most people in favor of socialism dont even know what the word really means. In socialism the government owns the means of production. They dont understand that all the problems that exist with cronyism exists 100 fold with socialism because you give government far more control of the economy.