Capitalism is too deep rooted in all our lives now to be just thrown out. In fact, it would be more than just the bathwater we're emptying here. Another thing, lots of Asian countries today also espouse Capitalism in its truest form (the crony type). Countries with large social safety nets, although great places to live and raise families do not have cities at the cutting edge of technological development. Sadly capitalism attracts this type of talent, (ex:- check out the students still vying for seats in American Universities today versus those applying in Ireland or the EU).