Capitalism Is A Zero Sum Game That We Need To Stop Playing. Communism is Worse.
Someone always wins a game of Monopoly. Everyone else loses. Everyone else goes bankrupt.
If you play a game of calling heads/tails. The winner gets a penny from the loser. And, the players start with 50 pennies each, someone will end up with all the pennies. Such are the way 50/50 odds work out in real life.
And this is the way of Capitalism. Someone wins, and the other person loses. And, if you lose to much you go bankrupt.
In America, we have this process of wiping out loans, called bankruptcy, so that someone doesn't end up with their life destroyed and no way to come back from failure. But that is not the normal. The normal has bet debtors prison, or becoming the lender's slave.
When the world is defined in black and white terms, and resources are considered limited, then there is only win and lose, and there is only eat or starve. And this is the basis of capitalism.
Whatever -ism we work-together under in the future, will need to be based on win-win solution. Minimum. A win-lose scenario will not be tolerated.
Free-market Capitalism
The free market is what most people think of when talking about Capitalism.
An arrangement where all people can make a product, all people can sell their products, and all people can purchase what they wish. Bargaining happens, a price is settled on, and both parties usually leave richer. (a person got rid of something they had an excess, and a person got something they needed/wanted.)
If such buying and selling happens between good people, at a fairly close financial level, then lots of good can come from this. However, it is easy to corrupt this system. We have seen mom-pop vs Walmart. We have seen con games at every level. When someone with a lot more capital singles out a person with less, there is almost nothing the poorer person can do.
And, when the financial system is designed to make one group rich and another poor, you no longer have a free market.
Capitalism - He who has the capital makes the rules
If everyone has about equal access to capital, then Capitalism could work. However, such equal playing fields never remain. Like the flipping pennies game, someone always wins and someone always loses. So, someone ends up with a lot of capital, as in 10x or 100x others, while many go bankrupt.
And the ideas that there is monetary mobility is not very accurate. The best indicator of where a person will be in the monetary hierarchy is where they started in the monetary hierarchy. It does not help that we do not teach people about money, money management and investing in school. In fact, this important subject is ominously left out. (Blame Rock-e-person and the school boards for this)
Those who teach about capitalism how monopolies are rare and will collapse on there own are seriously mistaken. There are so many monopolies today, and all of them are kept in place by govern-cement. And govern-cement is very easy to buy. So, they make regulations that keep their monopolies free from competition. In energy, oil refining, mining, food, automotive, news, radio… unless you go really out of your way, you will be supporting a monopoly.
The Federal Reserve is the biggest monopoly. Controlling half of every transaction you ever do. And making their friends able to have all the money they want to continue running in the red forever, while sucking the life out of any competition by denying them loans. ThemTube, Goolag, F-c-book, Starbuckins, Wallymart (current incarnation) are all examples that ran way in the red until all the competition died. Only know when computing has become so cheap, are there anyone to compete with them. These places have become monopolies and monopsonies. And they may all go bankrupt when the Fed is closed down.
(monopsony - the only supplier of payment or buying. Like ThemTube was the only one paying for video content)
Private property
It is good to have private property, within reason.
It is good to own your own land, where you work and grow food for yourself and your family.
It is not good to have someone own all the land, only because they were here first, or they were the king, or any other reason that keeps others from owning a piece of land.
Like capital, one person will end up owning all the land if the game is played on long enough.
Thus, there must be balance with land. No one should be denied land because the BLM (Bureau of Land Mangling, the more corrupt of the two with the same name) decided to own all the land that wasn't already owned. There must be land set aside for newly born people. Or some form of recycling.
There is enough land for everyone to have as much as they can manage. But, we have a group of people who believe that owning the land is the source of wealth. And we have a group at the top that believes you should own the land and keep others from having it.
Billy Gatez shouldn't be allowed to own so much farmland. Because he had much to much capital to play the game fairly. Because he probably has never been on any of that land. Because he doesn't know how to farm, and so cannot manage that land. Because he will never personally use the land to grow food. He bought it only as an investment. He bought it, only to deny others from having/using that land. (by definition) And you would have to be richer that Gatez to ever balance this out. We see a gross abuse of the system in this.
We must never get to a point where we are denying our children from having a house to live in or land to grow their own food. But, this is what we have done.
The problems with Capitalism run deep. And probably the biggest one is:
For the love of money is the root of all evil.
And Capitalism encourages the love of money. You need money to survive. You need to have even more money to bid against others to get a house/land. And you need to have more money then your competition.
However, ownership over your stuff, and the land that you are working right now, and the house you sleep in is quite important to the mental well being of each person. And such needs to be maintained.
We also need to keep govern-cement from listening to those with the capital, and keep an even playing field. We need to make sure that people can easily start up businesses, so that we can have that competition that keeps innovation continuing and prices fair.
Basically, every person has to be able to feed, cloth and house themselves for a fair days' work. And those who block this need to be strung up on a lamppost as a warning to others who think they can abuse their power over others.
We will need to redefine property and land. Our current definitions are really meant to be abused.