We hate commies!
Obviously, you are not discussing the system of economics but rather the system of government.
Focusing on that, all forms of government have things in common, mainly that they are governments. Governments do hold power. That much is clear. The question is what form of government best describes the US. The answer is a Republic.
re·pub·lic
1.
1. A political order whose head of state is not a monarch and in modern times is usually a president.
2. A nation that has such a political order.
2.
1. A political order in which the supreme power lies in a body of citizens who are entitled to vote for officers and representatives responsible to them.
2. A nation that has such a political order.
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