The ideas I'm talking about aren't capitalistic ideas. They're socialistic ideas which fit in to the context of modern capitalism. Our system of capitalism has always needed to adapt to modern realities in cases when the pure free market ideas fail, yet we're still considered a "capitalist" economy (at least by a majority of the world). We're considered a capitalistic economy because we have preserved the mechanisms of capitalism which drive prosperity while correcting for market failures. Our economy still facilities free flow of capital to its best uses (why would anybody not consider capital's best use to be that which leads to an overall more prosperous society?), our economy still facilities competition in many markets (I say "many" because the uncompetitive markets we do have have been manipulated by non-government players... Those defending the free market should really take care of this one if they want to be taken seriously), and our economy still leads the world in design of better products and services (Kicker: an idea of 85's I agree with but I won't tell him that because he's a dickhole)... and this has all been in the context of an economy which has never been a perfectly-free capitalistic.
So, we're at a point where incorporation of more socialistic ideas need to be made to save capitalism from itself (i.e. from a failure to deliver prosperity to society as a whole). We're in the midst of a market failure that hasn't been seen before, where labor is going to become really cheap (for the reason's I've been talking about) and where capital is going to become super-cheap (we're already drowning in an over abundance of capital that isn't getting well-allocated, even capital resources are becoming cheaper - it's becoming free in some cases, see open source software used in the corporation!!). These forces are driving the economy in a direction which was never intended to go when the Wealth of Nations was thought of.
We can adjust to these changes and provide social support to those who work hard but will not receive that support from the traditional mechanisms that a capitalistic system has delivered them by. We'll still have easy flow of capital to its "best use" (Kicker: the mechanism which will facilitate that easy flow of capital will simultaneously reduce the amount of labor needed in the economy by a not insignificant amount); We'll still facilitate competition between capable players (Kicker: That competition will continue to get so fierce that entrepreneurs with good ideas and coding chops can disrupt entire established industries in shorter time-periods than ever imaged - ponder the effects of this in our current capitalistic system), We'll still design the best products and services in the world because we'll still facilitate the best ideas (Kicker: manufacturing at a large scale will NEVER return to the U.S., so our forte will always need to be the execution of ideas and better business models).
That long-winded answer just so you don't try to pigeonhole me to say "Oh my God you do hate capitalism because you pitched socialist ideas"! I see the virtues of capitalism when its corrected from the failures that Adam Smith couldn't foresee in 1799.