The short version is Chinese style socialism. Most of our problems stem from the fact that we are historically unable to consistently lay down the law when it comes to large business interests and very wealthy individuals.

I'm not opposed to markets, but this radical market based domination shit is getting old and it isn't benefiting anyone except the already wealthy.

Its pretty obvious that corporations are either unwilling or unable to reign themselves in or regulate their behavior in a way that benefits the majority of society. So we need to make the economy more democratic so it can actually benefit the majority of people.