dictionary: Capitalism: an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
I agree, big changes are afoot, but to label this capitalism is dangerous. We have too many decrying a failure of capitalism in the West, when protectionist policies have created a Frankestein system no longer subject to market forces, IE, the "too big to fail" policies in our banking and government partnerships.