every system has its pros and cons. the problem as i, an outsider, see it in USA is the "muh freedom" mentality that corporations make extensive use of to rile up people against any attempt by the government to put their corporate greed on a leash. every time the US government tries to reign in the greed of corporations for the sake of the population, these corporations engage in long and costly misinformation campaigns in the media to convince the population that their freedom is at stake and set them against the government. this has created a situation where the average american has to juggle 10 torches while riding and unicycle and trying to navigate through a pack of wolves to get a normal life, convinced that anyone who claims he wants to help is after his freedom
but that's just my thoughts as someone who never lived there