There are moral hazards and agency costs in the allocation of corporate funds. Experience has shown that executives will support policies that diminish shareholder returns. The term "capitalism" refers, after all, to the providers of capital.
The current global economy is in fact an "un-economy": it's unfair, unsustainable, unstable, and is making many people unhappy. Opportunity is a lost hope for many, as social mobility in America is now less than in Western Europe.