Just like with everything in life, there's a right amount of something and its not zero. Properly regulated free market is probably the best economic system we've come up with. I challenge you to come up with a better system.
Its the fact that we've voted in greedy leaders and have such lax rules about lobbying and open bribery that's allowed so much shit to happen.
The only real problem I have with capitalism is the people that refuse to consider any other way of operating, refuse to rein it in, or immediately make it a binary choice between capitalism and “scary” communism.
Economic systems don’t need to be corralled into boxes and never be allowed cross lines. The people forcing that take are the ones profiting from the status quo, by power and/or wealth.
Any of the systems can be combined, the problem is fight against greed that makes people bend the system to funnel power money to a specific group. Whether it be the dictator and his cronies or a bunch of oligarchs. If this cannot be prevented, then no system will work without eventually crushing the average person.
Socialism and capitalism have a lot of overlap. This belief and meme that they are completely separate is incredibly simple-minded and indicative of US thinking patterns. US Americans have had it beaten into their heads that there are only two sides for so long that it permeates their very being.
To have a fair system, components of multiple philosophies and systems will have to be mixed. Treating capitalism as all bad is plain dumb.
I mean it's a tweet. The very essence isn't long from and open to discussion of every permutation of capitalism. It's like taking a snarky sarcastic comment and fully flushing it out and realizing there are hella holes in the comedy. Well yeah. There are ways to make it work. But those ways are being ignored for the profits. Which is implied in the sarcasm.
So I can reduce anything complex to a misrepresentation, tweet it, and claim "well, you know what I mean right? I don't have enough characters to express my actual belief, so this is fine". Got it.
Well, sometimes events pushed into motion or accelerated by a "root cause" develop lives of their own. Without concerted effort neither with capitalism nor with the absence/alternative of/to capitalism will we solve climate change or patriarchy.