Did you study economics at Berkeley? This is the kind of leftists nonsense I'd expect to hear from a left wing professor, with no real world experience, at a leftist university.
Milton Friedman had this to say:
There is no differences between corporatism and capitalism. Yours is a feeble attempt to fool us by making a distinction without a difference.
What you're really condemning here is the profit motive. You call it greed but we really know what you're referring to. Whenever the profit incentive is missing, the probability that people's wants can be safely ignored is the greatest. In a free economy, the pursuit of profits and serving the people are one in the same.
My views come from first-hand experience in international trade, sole-proprietorship, and executive-level employment in the corporate world. Where do you pull your expertise from?