The fundamental flaw is that in the absence of growth and innovation capitalism is a failure, not exactly something that only occurred after Obama was elected. There are no more new territories to develop, no more new, cheaper labor to exploit, there is not even any growth without periodic crashes. we are bumping up against the limit of what capitalism can do within the rules of our society.
Capitalism isn't the problem. I will concede that the "rules of our society" are. Because those rules aren't implemented to enhance what capitalism truly is all about. The rules of our society were originally developed to curtail government and enhance the liberties of the individual. We abandoned that out of apparent fear.
There are plenty of territories available to expand, innovate, enhance and compete over. The "exploitation of labor" is nonsense. Almost everyone is looking to enhance their standard of living.
The reason why growth, innovation and the standard is in decline now, is due directly to interventionists within the market. This intervention has revealed itself to be of all the wrong that can happen. State sponsored monopolies, state sponsored central banking, state sponsored liberty erosion.
These things do not make for capitalism. The last crash is still being felt harshly essentially because the money controllers are out of ammo. This decline will continue until we see a mass change in opinion of the system and a "neat" change in format, or another crisis which will effectively end the system and send the country into chaos.