Ha ha, I'm getting a kick out of watching all the closet communists come out to play.
I must beg to ask, how to you think the individuals "who control the purse stings" came to be in that position? I can guarantee it wasn't by sitting on their lazy ass cashing in welfare cheques.
Apple is the product of Steve Jobs and Steve Wozniak (two nobodies) tinkering with toys in a garage. Google. Facebook etc were all stared from an idea that an average Joe had, and knew what do to do with.
There may be an uneven distribution of wealth under capitalism, but everyone has a fair chance to get to the top.
You guys are just showing your extreme ignorance of any kind of political history or polisci knowledge. But hey, what does the average American know about politics or history anyway?
Every European country, and most Asian/African countries (in other words most of the rest of the world), has had socialist periods, communist periods, and capitalist periods in their history and are well aware of the differences between all three. The USA has only ever been capitalist and it has routinely for it's entire existence ridiculed, demonised, criticised, and sometimes even destroyed other nations who don't ascribe to their politics or to capitalism in general. You guys just don't have the history or the knowledge to know what you're talking about.
The average American citizen doesn't even have the correct definition of "socialism" or social democracy," and has no direct experience with it. It's just a buzz word used as a pejorative in almost the same way that you would call a rude poster on the forum a name like *ssh*le or whatever.
Capitalism is not a meritocracy. If it was, money and IP would not be inheritable for starters. People can get in control of the "purse strings" without necessarily doing anything but being born into the right family, and if you go look up the facts of the matter, you will find that this is true for the vast majority of those currently sitting on top of the capitalist heap.
The basic unfairness of capitalism as a system for distribution of wealth and happiness has been documented over and over in everything from history books to fairy tales since it's very inception. The generalised blindness of Americans, and the fact that you may not have had access to a good political history class in college notwithstanding.