It has produced much good, but because it created *so* much good

It turns into bad

But Capitalism allows people to move from one class to another and rewards ingenuity and self-governance.

Not anymore

What you say is accurate

Class mobility is at it's lowest for over 2 centuries

Currently

Because the poor are actually getting richer

Class Mobility was at it's highest during the war and post-war economy

Yes the rich are getting richer

But the poor are getting richer faster

Not anymore

No.

Currently.

Stats please?

Lower class workers have the best life conditions that have existed.

Observe this troubling graph

Corporations have intentionally kept wages low

I know.

https://www.google.com/amp/s/www.forbes.com/sites/kenrapoza/2015/10/04/not-only-are-the-rich-getting-richer-so-are-the-poor/amp/

Even thought productivity has increased

Corporations need to be checked

But as a guy who owns a corporation and provides low income housing.

Your article talks about developing countries

Corporations are literally the best avenue

You’re talking just about the west?

Yes

K

Then you might be accurate. But observe why. Poorest areas are SF, LA, and Seattle. Which have instituted massive socialist policies

Do you know why class mobility was the highest during 40's and 50's?

So what would you prefer to free market?

Back when Capitalism was at its all time high.

(Good) Labor Unions.

Labor Unions secured massive benefits for workers

Nowadays theyre just as corrupt as corporations however

Unions themselves have to kept in check though.

Yeah

But the answer is Labor Unions, they are the check for corporations

Take a look at this