I might not have explained my position adequately. I am not commenting on how Google became immensely successful, but just looking at it today in its current state.
It seems like the end result of unchecked capitalism is monopolistic practices. Companies want to make as much $$$ as possible. The most effective way to do that is to become a monopoly and avoid/destroy/inhibit any amount of competition as possible.
I really see it as an unstable system. Which is why we need society to put laws in place to keep the system in check, so it doesn’t turn sour.
Basically there’s a “healthiness” scale of capitalism. I want healthy capitalism.
This is debatable and probably a US centric POV, I think you could argue that much of the world is better at public / private partnerships and so no, their position is not due to capitalism, even if their continued existence is.
I’m not an expert on the economic history, but you could probably argue that the last big public / private partnerships in the US were in the railroad days. Defense spending I would not count in this category either. Although it builds whole ecosystems it is too insular and incestuous compared to something like transportation, or deliberately nurturing any other budding industry in a cooperative rather than competitive fashion