Recycling doesn't suck, it's just not a real solution against pollution caused by overpopulation. The only real solution is less people.
I don't think anyone's arguing that recycling in of itself is a solution. It's simply a method of lessening the impact of environmental degridation. Whether in the end it only buys us a coulple more months, or a couple more decades, before eventual population collapse, it's still worthwhile in my book. I'd rather die in ten years time than tommorrow.
Moreover, you're confusing the implementation of recycling with the concept of recycling. Yeah, powerful organisations, governments, and people in general are going about recycling the wrong way. Admitting to that, however, is very different to condemning recycling as a viable practice. You conceeded that recycling can be effective within the home - and therefore, that individual human beings are quite capable of implementing recycling themselves. Thus problems comes into effect when recycling is carried out past the point where everyone involved in the process knows what's going on. The solution, therefore, would be to simplify the procedure - for instance, centralise the control of recycling in individual countries, or locales - and to create more transparency with regards to the manner in which the procedure is carried out.