^Oddly enough, given the progressive slant of your post, I think you're making the same mistake that many right-wing people make: namely, equating "capitalism" with "laissez-faire capitalism."
I do agree with you that some ways of managing a country's economy are more humane and rational than others, and that free-market fundamentalism inevitably leads to the sort of spectacular pile-up we saw in 2008.
I'm not convinced, however, that a "less materialistic, more socially-oriented set of economic policies" must necessarily be un- or anti-capitalist.
What's more, I'm not convinced that capitalism has a monopoly on economic injustice, or that only capitalist economic systems fail. Some of the most atrociously unjust and unsuccessful economic systems in history had nothing capitalistic about them.