European countries are totally capitalist.
It is , however , mature, not wild capitalism.
And it has it's advantages and disadvantages.
Disadvantage - more difficult to start new business.
Advantage - those social safety nets their very high taxes buy ( this one is a matter of outlook, of course, - debatable philosophically).
So, will there ever be a model of society that will have flexibility and opportunities and " just do it" American spirit and European safety nets? Not sure, it would be ideal.... but.

__________________
Happy New Year to all! Virtual hugs!