Capitalism always loses when compared to the promises of communism and socialism. Why? Because you're comparing a system that exists on earth, warts and all, with a Utopia, something that doesn't exist on earth. But compared to economic systems that actually exist on earth, capitalism wins hands down.
Let's ignore the fact that we who live in countries on the capitalist end of the economic spectrum are far richer than our fellow man living in countries toward the socialist/communist end. Instead, let's look at life and death. It's safe to say that countries toward the socialist/communist end of the economic spectrum are the world's most brutal. What's worse is that liberals in America and elsewhere give these barbarians a free ride. You say, "Explain yourself, Williams." Let's look at it.
Adolph Hitler and Nazism is, as it should be, a target for moral condemnation. Not only was Nazism responsible for the murder of six million Jews, but as well the genocidal murder of millions more in nations they occupied. Annual ceremonies are held, and museums have been erected to commemorate Hitler's victims. Covering these events, media people chime in with their condemnation. Here's my question: when have you heard; what annual ceremonies are held; and what museums have been erected to commemorate the victims of communism and socialism? While liberals around the world, give communists and socialists a free ride but let's see whether it's justified.
The former Union of Soviet Socialist Republics (U.S.S.R.) is the world's premier murderer. Between 1917 and 1987, the U.S.S.R. murdered 65 million people. Red China comes in second place with a murder count of 35 million. That number is being revised upwards with more information coming out of China. If we include Cambodia, North Korea, Vietnam, Bulgaria, Romania, Yugoslavia, and other socialist/communist countries, the murder toll exceeds 97 million people. These are not victims of war but murder or what some researchers call democide and genocide.
"But Williams," you say, "you said liberals give these people a free ride. What do you mean?" Back during the 60s and 70s, campus radicals and flower children marched around waving Chairman Mao Zedong's "Red Book" and chanting praises to him. What happened when President Ronald Reagan declared, and accurately so, that the Soviet Union was an evil empire? Liberals in America and Europe, including those in the media, went ballistic in their condemnation of President Reagan. I doubt whether liberals support the murderous actions of these regimes but they do support their philosophy of human control and obedience. But implementation of that philosophy requires massive brutality.
Liberals also give murdering regimes in Africa a free ride. Between 1934 and 1987 an estimated 12 thousand South African blacks lost their lives at the hands of the South African government. Black and white liberals have roundly condemned South Africa. But there's silence and even praise for murdering governments to the north. Between 1966 and 1979, Nigeria murdered over 400 thousand of its own citizens; between 1975-87 Mozambique murdered 200 thousand; between 1960-87 Uganda murdered 579 thousand, between 1956-87 the Sudan murdered over a million. Since 1960 over 2.2 million black Africans have been murdered by their own governments. But for America's black and white liberals, it's only the 12,000 blacks murdered by South African whites that count.
Communism and socialism is seductive. It promises us that people will contribute according to ability and receive according to needs. Everybody is equal. Everybody has a right to decent housing, decent food and affordable medical care. History should have taught us that when we hear people talk this stuff - watch out!