The more logical recipient of a new name is the new, fixed-capitalism you should be pushing for. Saying "oh the bad parts aren't capitalism, that's corporatism, that's different" is just playing word games to try to hide the fact that what we're doing isn't working as-is.
On the other hand, there are some much better established words for a close partnership between the state and a set of established major businesses: "crony capitalism" and "fascism".
"Fascism" isn't really a good idea either; in modern use it appears to be nothing more than a synonym for "badness".
At what cost, though? Sure: us Westerners are way better off than 50 years ago, but the effects that capitalism has had on the environment (especially global warming and natural resource exploitation) are on the best way to totally wreck the planet for our children, and I don't want to get started on the plight of those in the poorest regions of the world that have gotten even poorer in the same timeframe.
https://www.spiegel.de/international/world/fashion-gains-a-f...