My critique of the global capitalist system has three major themes. First, the system favors financial capital but financial markets are inherently unstable and global markets even more so. Second, the excessive reliance on market values and their penetration into areas where they do not properly belong has undermined the stability of our society. Third, we cannot have a global economy without a global society.
Every economy exists, no matter what the level of democracy, has elements of crony capitalism. It's - given human nature and given the democratic structures, which we all, I assume, adhere to, that is an inevitable consequence.