Just because it isn't capitalism, doesn't mean it is socialism either. You should try to stop thinking in binary terms. This is what is known as a false dichotomy, or a false choice. The folks that are in command, depend on this type of thinking to rule, it is known as divide and rule.
The type of economic and government system that is being imposed, was first hypothesized and developed at Columbia back in the 1930's during the Great Depression. But? Because of the requirements for it to work, it only had a limited following, it was not feasible then. In the 1970's, a book was written, and an international think tank known as the Trilateral Commission was formed, to promote these ideas, this is known as, "technocracy. This is government run by scientists and engineers. At this time, China was opened up, and huge amounts of engineering and scientific knowledge was transferred from the west to China. China was to be used as a laboratory for this new system. We are more familiar with this system under the name of "state capitalism," or under the French system, Dirigisme.
The problem conservatives have to wrestle with, and the middle classes and upper middle classes have to wrestle with, is that much of their investments are put into the same institutional investment corporations which are now deemed "too big to fail," and are now more powerful than the actual government of the United States.
The investment corporations have every intention to unite the entire world into a State Capitalist global socialist police state. That, I know, almost seems like a contradiction in terms.
. . . but? That is the nature of the Hegelian Dialectic.
It matters not which side of the issue you are on, on this issue. You are all going to lose.
en.wikipedia.org
en.wikipedia.org
So yeah, I agree, it is NOT socialism, any more than the monarch's of old were socialism. BUT? it is disengenious to cal it free market capitalism either. When monopolists buy out all competition, and there is no longer a free market? How is that capitalism? If everything is owned by the same few people, and there is no competition?
If you ask me? The global technocracy that is in store, seems like Neo-feudalism, and thus, doesn't qualify as either capitalism or socialism.
Technocracy is a form of government where people with immense knowledge in science and/or with technical expertise in an area, are elected to
corporatefinanceinstitute.com
Technocracy is a replacement economic system for Capitalism and Free Enterprise, and is represented by the United Nations’ program for Sustainable Development and “Green Economy.” It proposes that all means of production and consumption would be controlled by an elite group of scientists and engineers (technocrats) for the good of mankind. Technocracy was originally architected in the 1930s but regained favor when adopted by the Trilateral Commission in 1973, under their “New International Economic Order” program.
www.technocracy.news
en.wikipedia.org