It's not a corruption of capitalism, it's just capitalism. They found a market, they sell on that market. They dominate that market. That's capitalism, no need to make up a new term.
Not sure why you're being downvoted. I upvoted you. Those were my exact thoughts when reading. It appears to paint a rosy view of capitalism. As if some pure and moral capitalist rules were in place and they were 'corrupted' by evil Google and Facebook. I also wish we took some responsibility in this whole thing. We've let those companies grow by using their products and services, many times even knowing the personal…
It’s more than just admitting we are wrong. We also have to find a way out, and there isn’t one unless we all do it together.
You’re exactly right that we urgently need to move beyond the blame and recognize it’s up to all of us to get out of this mess.
Historical trajectories point to 2 possibilities for the United States: denialism followed by Fascism, or a miracle followed by socialism (of some degree). The miracle is a shortcut through the contradiction Upton Sinclair articulates: "It is difficult to get a man to understand something, when his salary depends on his not understanding it."