Just missing the social programs that redistribute the wealth to the working class

The system/ideology you're looking for starts with an "F" and ends with "ascism"

There's a better word for it.

It’s #9 on the list actually

An actual socialist would say the state in capitalist society provides a legal and infrastructural framework that supports business enterprises and the accumulation of capital, so it is business as usual. But feel free to throw words around as they mean nothing.