There's "private" and there's "corporate". Corporatism bears the same relationship to free enterprise as Stalinism did to socialism.

Socialism could be a great system. Real free enterprise could probably be a pretty good system. A good mix of the two could work well also.

I always like the expression State Capitalism to describe what happend in Russia.

Never mind, one monster overthrown; one monster getting ready to fall some day not so far away.