Capitalism has proven successful since its emergence at the dawn of the Agricultural Age approximately 10,000 years ago.

It is a free market system that allows any group or individual to develop and run on their own without intervention.

Thanks to the prevalence of the free-market capitalist system, the average life expectancy has surged from 31 years in 1900 to 72.6 years in 2020.

And heaps more excellent attributes ...

Certainly! However our planet's health and ability to support humans is in a steady decline. Unfortunately, too few recognize this reality, and as a predominantly democratic world, we continue to trudge along the same course.

Capitalism primarily benefits those who already possess capital, allowing the wealthy to accumulate more wealth easily, while those at the bottom of the socioeconomic ladder struggle to advance. Although taxation aims to redistribute wealth, the affluent often exploit loopholes in the tax system to their advantage.

The relentless pursuit of consumption perpetuates a cycle of waste and resource depletion, leading to environmental degradation and pollution. The incessant quest for cheaper goods fuels the demand for cheap labor, resembling a form of modern-day slavery. This consumerist culture fosters greed and materialism, prioritizing monetary possessions over empathy for fellow humans and the environment.

As wealth concentrates in the hands of the few, monopolies emerge, stifling competition and innovation. What was once a dynamic economy marked by diverse competition devolves into a landscape dominated by a select few corporations, capable of producing subpar goods at exorbitant prices. These dominant entities engage in anti-competitive tactics, undermining both economic fairness and democratic processes. Examples include media conglomerates shaping public opinion to suit their interests and industrial agriculture exerting political influence to maintain market dominance in specific regions.

Under capitalism, the practice of externalizing costs is common, wherein expenses like resource extraction and pollution are borne by society or the environment, while profits are internalized by the responsible businesses.

Externalities lead to - climate change, pollution, resource depletion, overpopulation, species extinction, habitat destruction, the proliferation of invasive species and social ills such as underpaid and slave labor, or worse.

Year after year, every nation on earth uses their yearly resource budget well before the end of the year. In 2024, the USA will have consumed it's allocation in March. This is the Earth Overshoot Day - the date when humanity’s demand for ecological resources and services in a given year exceeds what Earth can regenerate in that year.

Why is this capitalisms fault? Because capitalism demands extracting value, capitalism demands growth at all costs and because everyone believes in it. It has become the new religion.

There's more to consider. We haven't even touched upon how capitalist corporations operate a dystopian reality, marked by mass surveillance and the erosion of privacy, among other issues. Additionally, we've yet to address the role of capitalism in fueling the war machine, which breeds hate, fear, and anger.

Let's leave it at that.