Well you seem ready to pull the trigger on capitalism despite its clear record of improving the quality of life for the masses, especially the poor among us. In capitalism, things that start off as luxuries for the rich are quickly made available to the masses, this is the case with cell phones, cars, AC etc. Capitalism is “failing” when you lose all sight of relativity. Before you right off capitalism, you should ask yourself are the bottom 10% better off today than they were 10,20,30 years ago and you’d be a fool to not recognize the improvement in the quality of life for everyone. I was just trying to understand why you wouldn’t note the failures of socialism and the fact that socio-economic systems aren’t transitive in nature.