Exactly right. Capitalism is the reason the world is at the level it's at today. Not all countries are there yet but wherever capitalism has flourished, so have the people. It's polar opposite, communism, has cause untold misery and suffering with most forms of socialism not far behind it. Small countries like Sweden with a homogeneous population and very low defense costs, can make a form of socialism work reasonably well but it is not suited for widescale application. Liberals don't seem to care as they keep pushing us closer toward the European model come hell or high water.