No as a practical matter. It took the great Teddy Roosevelt (Republican by the way) to correct the capital system in the USA with labor and antitrust laws. So I think I am in excellent company. I would rid the USA of the progressive income tax, bust non utility monopolies, and return to tariffs/sales taxes, give labor more collective bargaining rights and then after a while fine tune the system.
There you go, that's more like it...but I prefer less collective bargaining and more pay fer performance...MUD