We've never had total free market capitalism..we've always lived in a govt regulated society. So while perfect capitalism isnt real, neither is perfect socialism. Plus flawed capitalism is better than any socialism. And considering utopian socialism isnt reality I say no.I disagree pure unchecked capitalism led to the largest wage gap in history and basically no middle class. It also fueled the Great Depression
Nordic countries arent socialist..they're capitalist backed countries with huge welfare programs because they are small, homogeneous, and have outsourced militaries. Aka nothing like America. And the citizens are share holders, not where the govt makes decisions on what's best.
So which is worse..your "unchecked capitalism" where wage gaps exist..or full socialism like Venezuela, which used to be of the richest countries on earth, where ppl are so hungry they eat flamingos. No one has ever ridden a raft of garbage across the ocean to escape capitalism. Seems ones "full on version" is quite worse than the other.