You talk about it like we are at the end of history. Something being the way it is now doesn't mean it will remain forever. And I never said capitalism should or would be abolished and replaced. Maybe it should but I have a feeling we have never really had a true capitalism, more like a corporatism where government and capital scratch each others backs. If government was a step removed from capital and implemented a social democratic model for capitalism to work within, maybe it would work.
"Abolishing" capitalism is an extreme view - I'm not talking about that, I'm talking about liberal/social democracy where the government puts protections in place for the benefit of the wider community, not for the benefit of corporations and billionaires. Numerous democratic governments and movements have been subverted, overthrown or worse by western intelligence/military agencies in the pursuit of corporate protection.
Even taking your argument, we can't know whether any country that has tried a different system would work as they have never been allowed to unfettered. How would we know how a Cuba for example may have turned out without having to worry about coups, assassinations, invasions, economic sanctions etc etc
They can do what they want - but in the long term it is untenable for so many resources to be concentrated in the hands of so few, which was my original argument. Even some of the wealthy are coming to realise it. Donating to charities is all well and good and I applaud those that do. But its like using a bandaid to repair a lacerated throat.
My local mp is melissa price.
We live in an electorate where all water comes from a bore - there is no dams or rivers to dam. It is very arid here.
This year they have started fracking in the same place where our water is bored.
Even if you completely dismiss any damage that can be done by fracking - it uses gigalitres of water.
A vast overwhelming majority of residents in her electorate do not want fracking in this area.
Does melissa :
A) oppose fracking unconditionally
B) feel ambivalent about fracking personally - but due to the will of her electorate take steps to make sure it doesnt go ahead.
C) make wishy washy statements saying if they ever prove fracking causes damage she will oppose it - but for now supports it.
That question and the correct answer is exactly what is wrong with our current model of capitalism - which is more of a kleptochracy than anything else.