Any government or economic system is bad when it is able to be abused by some of the players. Lots of these things are good in theory.

It is Ok to say that unrestrained capitalism is at fault, because that has led to this. Or capitalism that hasn't adjusted for the modern standards, perhaps.

Abuse is what is happening now, and the proper solution is laws to hinder such things. If it were up to me, a lot more places would be a socialist democracy with a thriving capitalistic sector.