My point is that capitalism allows a significant majority of people to have the basic necessities of life taken care of in exchange for some other contribution

My point is that capitalism allows a significant majority of people to have the basic necessities of life taken care of in exchange for some other contribution to the world. Fair enough. My point is that something is going very wrong, as here we are in what is apparently some kind of recovery yet in the United States, one of the richest nations in the world, more people need food stamps than before. Luxury? A phone is cheap. It's not a luxury. Food is becoming a luxury. This didn't happen last time, or the time before that.