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I'm not sure malls really are a "pillar of capitalism", something akin to stores will exist in virtually any economic system, because ultimately their function in the economy is to distribute the results of production to individuals that need it, regardless of who exactly owns or profits off them, and the need for a function like that is virtually universal.
What malls are really is an attempt to recreate the experience of a busy pedestrian street, for a place that is heavy on car use and so doesn't have many of those spaces. Hence you get a bunch of shops together in a space that lets one conveniently walk between them.