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No its not. At its core, capitalism is about allowing people to directly trade and find the most efficient solutions. This has led to the success of the west.
Does it? I've been a worker. I've been a company owner (well, technically still am). So?! If you want to own something, you buy it.
How about the metric of the largest super power in the world? How about the most advanced power in the world? How about the richest country in the world? Trust me, I'm not trying to woo the USA, it is VERY flawed with a shit tonne of problems, but it is BY FAR the most successful country in the world coming up with "yeah what metric" is bullshit. Ask a poor homeless person in the USA if they would perfer to extrange their lives with somebody in say, Niger, and I think I can be pretty sure they will say "HELLS NO" because as shitty as their lives are, its still a mile better than the alternative. The USA does not have famines.
Yeah this is just plain naive. This is looking at the problems that our current societies have, and without knowing anything about the alternatives, saying "well the alternatives must be SO MUCH BETTER!" Yes, our capitalist system needs MUCH more checks and balances, we need to tax the shit out of the rich, we need less focus on material things and money and more focus on just being happy, we need universal and free healthcare, we need free education.. So many problems we need to resolve...
But its NOTHING compared to how life was only a hundred years ago where people still got 12 kids because they knew that on average, 4 of them would not even reach adulthood because of diseases, famines, war and whatnot.
Say what you want about the US, and it has done some fucked up shit, but its been a pretty stabilizing force in the world. Without the US, the communist USSR would have overrun Europe and we'd all be enjoying the funs of famines, state terror (read about the chekists!) and just general misery.
There are no other countries that match the successes of capitalism, period...
Now, you want to talk on really how to improve societies?
Try north European countries. Socialist countries that use their capitalist systems to fund their socialist ways. THAT, I believe, is the solution. Control wealth with taxes, but let people free to do what they want. Educate people, have a shared political power system (and not the winner-takes-all shit like everywhere in the Americas) so that you have political stability, use the power from limited and capped capitalism to fund things like free healthcare, free education, a strong army for defense (unfortunately still required).. That will make hte world a better place.
No, that's the idea of free-markets. You can have free-markets without capitalism, and you can have capitalism without free-markets (such as State Capitalism). Capitalism is about using wealth (capital) to acquire the means-of-production (capital assets), and hiring and paying workers less than the value of their labor to make profit. It is inherently anti-democratic because the workers have little-to-no say on what labor they do within the company, how their labor should be used, who should manage the various parts of the company, etc.
The West has been very "successful" before capitalism. I'm more in favor of the hypotheses from Guns, Germs, and Steel (for the most part, geography, climate, and natural resources has determined the fate of the nations). There are many very poor capitalist nations after all. Most the wealth of those nations seems to be funneled into the hands of the owning class in rich nations.
Yes, it does. When you make money from the labor of others, you are in the owning class. I am also, personally, in the owning class. I suppose there is some gray area with 401ks and stock options, but those amounts of ownership are often very low compared to outside investors, founders, executives, so they have virtually no voting power.
Don't get me wrong. I think Social Democracy, which northern European nations are close to, is preferable to the extremely weak regulatory and welfare state the U.S. has; but Democratic Socialism would further reduce exploitation, IMO.
I'm also no fan of the USSR or China, and do not even consider them to be leftist governments (the State owns much of the means of production, not the workers, which is antithetical to leftism). I consider them to be authoritarian State Capitalist nations.