I consider it a bit off topic anyway because it's hard to consider a regulated utility as today's capitalism. Part of the accepted understanding of today's capitalism is 'supply and demand' in a 'free market' economy. The primary idea is still the owner(s) being able to profit from their work, which in turn gives incentive to create and build more. Without compe ion, en ies are not working to improve their profit margin, which in turn develops new technologies, jobs, etc.
From probably my first posting, I never indicated I was for strictly only capitalism. Some industries need to be regulated. Because of unethical practices that unscrupulous people will exploit, even more laws and regulations are needed to some extent to protect the general welfare. I am completely against any unnecessary restrictions on the free market and capitalism. The question that is difficult for me at times is what restriction, regulations, etc. are reasonable, and which are unreasonable. The area of gray is vast in some cases.