At least its equitable (based on value of output), ofc there are legacy issues as well.
Some demagogue can swoon the masses and take it all if not for capital. That demagogue could be Trump or Stalin.
Know the consequences of what you are advocating for.
It's not. By definition, it's based on control of capital. That's why it's called capitalism. In other words, those aren't "legacy" issues; they are literally the system as designed.
Since utopia is impossible, its a choice between:
>Capitalism, where people can typically pull off the american dream in their lifetime.
or
>Let politics determine how much material things you get
The latter seems especially scary if you are familiar with history
Capitalism follows a very simple algorithm. In a capitalist economy, capital always accumulates, with all exceptions being precisely that: exceptions. Are you defending the exceptions or the rules?
Realize there was a very long and quite recent time when capitalism was impossible. By your logic, we should reinstate the divine right of kings.