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Capitalism, especially the crony kind, and socialism are not as mutually exclusive as you might think. Ask Wen Jiabao if you doubt that.

no it isn't, but it IS based on how it has been used by this woman.
The "socialism" of 2008 was Obamer giving your hard earned dough to Reagan's "welfare queens" who aren't working

The "corporate cronyism" she's accusing him of now, is giving your money to corporate entities (must've forgot the $700B that HAD to be dolled out to AIG in 2008 without oversight).

Worlds of difference, but if you're following Palin, her audience apparently can't remember anything past the last episode of the Kardashians.
 
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