Sorry but name something better then capitalism to allow people to change their position in life.
feudalism, tribalism, mercantilism, anarchy, colonialism, distributism, mutualism, syndicalism.
Who are the ‘people’ you’re referring to here? The privileged and powerful or the distraught and the hopelessly impoverished? Why is ‘position change’ our compass of goodness concerning economics systems? If you’re planning on just playing the ‘false dilemma’ game, I will concede immediately–if it’s only this or that, you’ll find me hard-pressed to vote in favor of anything non-capitalism, but that’s only because I know the alternative is something much worse yet still technically capitalism with a different name/label
Who? My brother. Moved from being almost bankrupt to now living in a nice house and owning a business.
My godfather built his own company, lives a good life.
A friend of mine who has gotten into investing and is now making a nice living doing that.
Why would anyone not want to change their position in life? Why would anyone want to stay where they are? Be nice to move up enough in life to own your own place and actually retire at some point. By retirement I mean never worry about your bills. Not worry about "oh no my hot water heater went out, now I have to choose go to my grand kids graduation or replace the hot water heater ". Actual retirement.
oh so by people you meant you and your family. Clearly the selfless capitalism is convenient for you isn’t it?
If ‘move up’ means a lower standard for everyone else, how ‘good’ can it really be? I don’t really know where you got retirement from. That’s a 20th century invention that most want no part of.(Most retired people come out of retirement at least once for a reason boss.)
