It really is this simple. American capitalism in its current form is failing the American people

[Tom Rinaldo]

6. I accept that conclusion, but under that standard virtually all modern societies fail

When I said current U.S. capitalism is failing I was concentrating on the trend line - the economy is deteriorating for most Americans. So relative to some prior baseline, such as 1960, 1970, or even 1980, it is failing, our well being is withering away. From a different perspective it can be argued that our capitalist state has always been a failure - but that is a slightly different discussion.