"Dog eat dog liberalism" is something quite different to what we have nowadays. I understand liberalism as something close to a free market. Now, western countries have everything but free markets. Here in Europe, social insurance and pension plans are state controlled and therefore monopolistic. Banks all over the world have legal privileges that wouldn't exist in free markets. Central banks are "calibrating" the interest rates everywhere in the world with India and Argentina already on the brink of hyperinflation.

Yet we call the current system liberal (or capitalist) and we don't like the current system, therefore we call it dog-eat-dog liberalism and want to end capitalism.

I wholeheartedly disagree with the author's point of view on this.