Unfortunately this is far from true. Too many are unaware of the simple fact that it is capitalism that has created the modern world; increased the living standards for everyone and is rapidly eliminating poverty worldwide.
You won't hear this from much of the media, nor from academia. They focus on and amplify the problems of capitalism, and pontificate on options that solve this problem or that. However the simple fact is that all the alternatives that have been proposed and tried are abject failures.
We should always remember that Free Enterprise is the foundation of our prosperity and resist any attempts to undermine it.