People have a profound disagreement over the meaning of 'capitalism' so I don't think it's a useful term. The fact is that poverty has been dropping markedly o

People have a profound disagreement over the meaning of 'capitalism' so I don't think it's a useful term. The fact is that poverty has been dropping markedly over the years due to the free market and 'capitalism'. We tend to see crises because they're short term and fail to see the benefits because they happen over generations. I suspect what is really happening here is that the USA (and similar countries) are getting closer in gdp/capita to other rising countries. https://ourworldindata.org/grapher/world-population-in-extreme-poverty-absolute https://ourworldindata.org/grapher/world-population-in-extre...