I don't know... the capitalist model works well to a certain extent. I would agree with the grand parent idea if (and only if) it included extremely heavy taxation law. It's OK for corporations to compete on extracting the most efficient labor, but only if we can "socialize" the gains through taxation.

The problem in the current capitalist system is that private companies have managed to corrupt that other size of the system (taxation) through bribes to the government.