Capitalism is the best motivation for productivity..... but its also allows that productivity to be abused by greed.
Striving for complete Equality is a waste of time because its never going to happen.... The best I hope for is a society that can reward its self by providing everyone an opportunity to better themselves through Education... rewarding people on merit and not the inheritance or where they were lucky to be born.
Education, health and providing affordable housing is the key to secure any community.
Capitalism is going to kill itself eventually unless it is controlled. Corporations are now becoming stronger than countries.... I cant see that ending well?
Our obsession with GDP growth whilst ignoring sustainability will eventually hurt us too.
The problem is everyone has a different definition of what is a 'fair go.' What makes it worse is as a society becomes more prosperous what defines a 'fair go' becomes more entitled.
In other threads we have people discussing whether 'affordable housing' (whatever that means) should be a right. That's how far the idea of a 'fair go' has stretched.
If capitalism will kill itself eventually then communism already has, multiple times. How is that anymore sustainable?
I have no problem with people pointing out flaws with capitalism, there are plenty. But if you are going to replace it I would hope that the replacement would be better. Based on track records I don't see how communism could be considered better.