If you know what socialism is, then you would know that they would indeed be better off.
It's simple really, eliminate this concept of capital ownership by individuals or corporations. That way, when you work, your boss is not getting a profit on top of your labor. That means your wages go up! Best thing of all, whatever your participating in, you have part ownership in.
We need a marriage of systems... where private co-ops own the corporations..they set supply/demand based on market considerations just like capitalism -- but everyone shares in the profits.
Full capitalism/Full socialism isn't the answer...there's got to be some sort of middle ground where more people can be lifted up by the system.
It's simple really, eliminate this concept of capital ownership by individuals or corporations. That way, when you work, your boss is not getting a profit on top of your labor. That means your wages go up! Best thing of all, whatever your participating in, you have part ownership in.