True or false the us is a capitalist nation?

Answer 1

Sort of false. Too much of the American economy is managed by the government at every level for this to be a really capitalist economy. There are too many "barriers to entry" of new businesses into the marketplace.

Prime current example; Uber and Lyft, the smartphone managed "ride sharing" services. Many of these services are being opposed by governments who are somewhat dependent on taxi company taxes and registration fees. If Uber and Lyft were to really be successful, the taxi companies would go broke, and would stop paying fees, taxes and bribes.

Cable TV and phone systems are in bed with the FCC and municipal governments, which "manage" these industries to the benefit of the companies and the politicians who get enormous "donations" from the managed businesses. Ever hear of Aereo?

Banks and financial firms may be the LEAST capitalistic, because EVERY aspect of their businesses are (mis-)managed by the governments.