I’m really interested in what you think the job of market systems is. And to whom they are trying to serve.
It seems odd that capitalism would have such a duty to humanity because it’s like saying “art has failed humanity.” Or “this screwdriver has failed breakfast.”
Capitalism is a system created by humans, presumably for the benefit of humans. If it doesn't do a very good job of making the lives of humans better then it could be considered a failure.
As we're seeing now, wealth and income inequality are at terrible levels. Wage stagnation has been hurting the middle class. Housing is becoming increasingly expensive as jobs centralize on cities. Gentrification pushes out the working class.
We have climate change bearing down on us, the effects of which are already being seen through mass migration, fires, hurricanes, and other disasters. Meanwhile the fossil fuel industry would have us believe there are "two sides" to this argument so that they can continue to profit instead of adapting and doing the right thing. The first to feel it certainly won't be those of us making several hundred thousand dollars per year and looking down on those living paycheck to paycheck. It'll be those living paycheck to paycheck who feel it first.
Neither artists nor bartenders have the power over humanity that capitalists do.
It seems odd that capitalism would have such a duty to humanity because it’s like saying “art has failed humanity.” Or “this screwdriver has failed breakfast.”