Not surprising, given that employment is going ever more and more centralized. What has been, for example, two dozen airlines is now concentrated to four airlines. Mom-and-pop food stores in every village? Mostly gone, replaced by huge supermarkets. Software/startups? Picked up by the megacorps. Regional phone/internet carriers? Same thing. Banks? Same thing, especially after the fire sale following 2008 where bigger banks bought off the skeletons of smaller collapsed ones.
The ultimate advantage of modern capitalism is that it benefits from simple scaling to outright monopolic domination (where scale effects are fully exploitable). But on the other hand, this creates situations that are vulnerable to either exploitation of customers (e.g. when Uber has destroyed all local taxicabs, then it can jack up prices as it wants as they're the sole remaining provider and people need on demand transportation), exploitation of upstream vendors (e.g. Walmart with its scale can dictate vendors absolutely ridiculous terms) or to "too big to fail" status (most famous: banks, but just imagine Walmart going out of business, that would be 700k (!) people out of a job overnight plus MANY MANY MANY regions without a place to shop food).
This is why originally there was anti-trust regulation established, but it fell out of use for a couple decades now. No company should be so big that it vanishing can threaten national security (Boeing!), or hundreds of thousands of lost jobs (Walmart, McDonalds, ...), or destitute entire regions overnight, or the national food supply.
Downside: you need a healthy young population for such a system to be sustainable, and a combination of various factors making it harder for young parents to start families (exploding rents linked with wage depression, job insecurity) and utter xenophobia means that it will have problems in the next 20-30 years if something isn't done now.
Government bailouts have been happening regularly for most of our lifetimes. We are incessantly told the US is a Capitalist country. So in the minds of the average citizen, either bailouts are part of the capitalist system, or the US has never been capitalist.
We're going to see "Modern Capitalism" and "Late Stage Capitalism" thrown around with a lot more frequency as corporations exert their power and we struggle to define what we are seeing.
If we had more consciousness and weren't so confused by 50 years of Cold War brain rot we would just call our age Late Stage Plutocracy or something.
The pure Platonic ideal of capitalism or even anything approximating it is impossible in practice. It has never happened, and it will never happen. It is just as utopian and pie-in-the-sky as "from each according to their ability, and to each according to their need."