The issue is we don't have anything useful to compare those results against. Any other system in place over the same period in history could have just as easily yielded the same net result.
I get your point, but I think a true reckoning of capitalism is going to have to include a longer time frame. Specifically, our utter inability to adapt to climate change due to the demands of the market to be ever-growing is doing to have to be factored in, not to mention it's built-in wealth-concentrating tendencies.
It's hard to look at the trajectory of society and the world right now and expect the prosperity boom of capitalism to continue. A lot of people just don't see that boom at all. They're living objectively miserable lives under capitalism, and there's no capitalist incentive to change that.
>utter inability to adapt to climate change due to the demands of the market to be ever-growing is doing to have to be factored in
Market based capitalism can handle the negative effects of climate change if producers are forced to pay for the negative impacts they produce.
>it's built-in wealth-concentrating tendencies.
Which economic system doesn't have this?
>A lot of people just don't see that boom at all. They're living objectively miserable lives under capitalism, and there's no capitalist incentive to change that.
> Market based capitalism can handle the negative effects of climate change if producers are forced to pay for the negative impacts they produce.
Market-based capitalism could have handled climate change if we had perfect advance information about the infinite horizon adverse effects before it started, and had priced that into actions by pigovian taxes from the beginning of the industrial revolution.
We don't have that information now, and the people against whom such costs would be assessed have incentive to (and actively expend resources) preventing consensus based on the information we do have to prevent the information we do have from being applied that way.
I mean, there are many branches of socialism devoted quite strongly to this. You could call them a core tenet.
> Who do you have in mind here?
You have to have a serious failure of imagination to believe that everyone's just having a party under capitalism. To pick just one example out of thousands, have you heard of the homeless?
Your incredulity is painfully inauthentic and detracts from whatever argument you think you're making.
