You're conflating Wall Street and public companies with capitalism. Thousands of small businesses provide excellent livelihoods for their owners with predictable stable income as you suggest. Until the media started harping about VC and the "tech boom" in 2001, most businesses were started with the specific goal you mention.
Stable profits in boring domains isn't sexy though, which is why you don't hear that narrative very often.
> Until the media started harping about VC and the "tech boom" in 2001, most businesses were started with the specific goal you mention.
Approximately 98%-99% of all businesses started in the US every year, still fall under that banner. Half a million new businesses are started each year, 1%-2% of those are traditional venture capital backed (averaging the per year figures since ~2006).
Interesting point of view. I've never thought about it this way, that you would count the normal middle class companies as a legit element of capitalism as well and not just people who try to survive in a ridiculous system.
Also great account name I have to say. That shows class and style.
Stable profits in boring domains isn't sexy though, which is why you don't hear that narrative very often.