Capitalism wreaks a different amount of havoc on societies depending on any number of variables, mostly those which have to do with controlling capitalism.
Fascist as in the US actively supporting and financing terrorism in countries it wants control over, historically. Like the Contras, that type of fascism.
And I think that being suspicious has been co-opted by the right wing, yes.
Us Nords are socialist enough to keep a tight leash on capitalism. Less and less of course, but capitalism doesn’t define us, the way it defines basically the rest of the world.