You can call it whatever you want, but the reality is money flows uphill a lot faster than it flows downhill. The end result is that eventually there will be very little money at all flowing downhill. Whatever you'd like to believe, this problem is a direct result of capitalism.
One could argue that there is less capitalism now (as you've pointed out) but you need to ask why there is less capitalism. There's less of it because companies are now starting to consume each other at an increased rate. Why compete with a bunch of other companies when you can absorb them? This is the natural progression capitalism follows. Consume everything until you're the last one standing. Despite how good it was when it started, it has no choice but to end by killing that which put it on top in the first place because there is no real restraint. The safeguards that are in place are weak and ineffective and don't protect anyone except the companies the safeguards are meant to regulate.