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Appreciate your rational perspective; often on these boards that goes out the window.
That said, I agree with you that there are costs to everything...and I think by your Churchillian comment, that you'd agree that capitalism has saved and improved more lives than it has made worse or destroyed...
Materially, yes. The average human today is healthier and wealthier today than at any previous point in history. My concerns about global capitalism focus mainly on civil society and community, though someone who's in danger of starvation doesn't worry about such things. Capitalism (and the technological advances it fosters) have lifted billions out of abject poverty, and will likely do the same for billions more in the coming years.
That said, it's often discussed as an absolute good, or an immutable law of the international order. This tends to blind us to its costs, and virtually ensures that its negative side effects continue to worsen. The forces of global capitalism do at least as much to undermine civil society as "big government", yet I've never heard a conservative politician mention it.