It's really interesting that you and I agree on the problem so closely, but we disagree on the economic system that's the root of the issue. I agree even that at the root, the problem we're discussing with science comes from what are essentially subsidies for already rich people and organizations at the expense of the workers. The difference is that I think that scientific research, as a market, has been socialized rather than left too open to the pressure of capitalist competition. The government controls every detail from the total size of the market down to how much lab techs are paid. The NIH, for example, had to be ordered by Congress to raise postdoc salaries (which they kind-of did) because the bureaucratic goal of maximizing the scientific workforce and productivity was at odds with their responsibility to pay people a fair salary.
I'm with you on the idea that modern states really use a mix of capitalism and communism. I really don't care how we describe the problem: I call it overly socialized, but I'd be just as happy to call it "crony capitalism." What I'd like is to see us improve the quality of science and the way we treat our young scientists.