The problem I have with this notion is the fact that, by and large, everyone benefits from capitalism. The point of contention on the left is that some benefit more than others since capital, much like a magnet, tends to attract more capital - not a rule, but it happens often enough. The main complaint is the wage gap, which neglects to mention that the overall standard of living has improved across the board. We're in the single most prosperous moment in history - the rates of poverty are minimal, income mobility is high and there are plenty of opportunities to both ascend and descend the income ladder. Whether a cold-blooded capitalist like myself likes it or not, some people will be outpriced out of the market or their jobs will simply become obsolete in the coming decades, so I'm not necessarily opposed to investment in reskilling as well as a modicum of a safety net - the left calls it UBI, I much prefer Friedman's Negative Income Tax, which seems like a more worthwhile implementation of the same basic idea. I don't see a reason to tax low income earners at all, and those who are actively searching employment should definitely be helped along the way, as long as they're actually trying instead of sitting on their hands. As far as January 6th is concerned, I don't see the relation between the population being miffed that the rules of the election game were changed mid-way through the second half, in 2019, and capitalism as an economic system. The difference between those protestors and the ones in Cuba or Venezuela is the fact that ours have something to eat, which is a pretty relevant factor. Whether their grievances were valid or not is not for me to judge - it's regrettable that they stormed the Capitol, that's illegal, and I hope they're prosecuted to whatever extent of the law seems appropriate to the prosecutors. That's immaterial to the subject matter though - Capitalism didn't do that.
Gini coefficient 1980-2005 in UK, Canada and Sweden:
https://worthwhile.typepad.com/worthwhile_canadian_initi/2007/11/gini-coefficien.html
With the highest impact arguably being free market liberalism, implemented in the Thatcher era, and globalization being an accelerator.
Social mobility in the US since the 1940s:
https://www.visualcapitalist.com/the-decline-of-upward-mobility-in-one-chart/
US embargo against Cuba:
https://en.wikipedia.org/wiki/United_States_embargo_against_Cuba
US embargo against Venezuela:
https://www.dw.com/en/the-human-cost-of-the-us-sanctions-on-venezuela/a-50647399
The origins of the US love for guano islands:
https://world101.cfr.org/historical-context/world-war/how-did-united-states-become-global-power
(I.e. The main reason for making sure Cuba suffers was to promote free market capitalism, that was the main ideology of an entire thing called the cold war..

)
And as a short breakdown, the theoretical foundation of free market capitalism is basically debunked by now. While Marxism is probably the only theoretical framework, that actually changed the course of economic thinking at a very fundamental level, also employed by western economists to this day.
At the same time, communism was a movement that didnt represent marxist thinking - at all - towards the middle and end.

And then it failed catastrophically.
Marxism was not a 'societal model' that ever was show to work, in the end it was just a theory, that taught many people a few fundamentials (in thinking about societies), that are seen as valid to this day. But the first part is nothing special. No political ideology ever is a 'good or just' representation of society (or societal model for 'the future').
And capitalism is still around.
But - at the same time, both the head of Blackrock, and the speaking hole of the World Economic Forum are openly talking about corporations having to do more to bridge the social devide, and reduce long term risks. Because that was never part of capitalism, and has lead to some pretty serious issues over time. Or because that allows them to keep more people calm during their lifetimes.. One or the other..

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So in essence - neither political ideology is a fully fledged societal system or representation, or even model of how society works, they are just political ideologies. That usually adapt quite a bit over time.
If you dont only want to look at the dichotomy - but also at historical representations of 'in between' and 'what might have been'.
Why Christopher Hitchens Called Himself a Trotskyist
is a good entry point:
Round table by the Hoover institute -- which is a very, very conservative thinktank.
Oh, and we also have to talk about this in the context of the rise of China. But there we'll have to wait another 20 years or so until we can tell, if we can just laugh at them, or...

(Their version of 'free market capitalism' is, that party provides financing. Party sets ruleset. But a market system is employed to find 'best way' to get to a goal. Once this is done, party keeps a very close relationship with the 'winners'. Foreign investments in the end turned out to be relatively irrelevant in the political development of the country (not in the economic development), because of that system of management. Which is also something that goes against the capitalism playbook. But then, its just an ideological system, its not a full representation of societal processes.

)
Never had that problem - purchased a home 4 years after I started my job. Not a bad result given where I started. The housing market bubble was caused by handing away unsecured mortgages to customers who had no chance paying them off anyway, all subsidised by the government under Obama (and to a certain extent under Bush, to throw you a bone) - don't blame capitalism for what a socialist policy did.
Well, the policy was sound. Capitalism wasnt.
Policy basically stated one of the only ways to get the lower classes to participate in a sharing of economic gains, thats still available is via the housing market. So if people buy their own houses they can use them as securities when they are old, or sick - or... without the state having to jump in and front the costs.
So far so sound.
Here is what happened next. Because the state granted laws that basically made long term loans viable for lower income people (by reducing the tax load on said properties in the first few years), the sharks jumped in and destroyed everything ending with the worlds economy.
First they sold financing contracts to people who still couldnt afford it (remember state just relaxed taxation), then they upsold them services they didnt need, then everything was argued away - to be stable, to the customer, fraudulently, by pointing at value increases in the property over time (Remember that should have been the benefit reaped at the end of life, or in case of illness -- but it was used as part of the financing model by banks). Then - seeing the ship was about to go down, creative financial mathematics were employed to segment loans, cut them up and spread them around to "reduce risk", but instead it just did hide riskfactors. Then the junk was spread all over the world. And then when that all came falling down, because at the heart of it were so many loans people couldnt repay, simply because of their base conditions. US made sure to bail out all perpetrators, and spread the bill around the world, and in the EU had the tax payer pay it. Remember all banks in the EU did, was to believe US capital firms, on their risk assessment. Which was fraudulent.
But Obama? And in the end financial crisis, problem of economic gains not reaching the middle classes and the poor still not solved, but damn you Obama, and capitalism prevailed?
Also - the housing bubble still is caused by too much investment money seeking "stable return of investment". So to this day - it, and you yourself are investing in the housing market believing, that prices will go up. And usually they do. That there was a loan bubble that burst is a little bit different, than that that was caused by people taking out the loans. No - cant blame a burst bubble on the people who are taking out, and getting loans.
If you believe in the free market principal working of course..
edit:
Oh, and before you all go out an buy houses. That stuff is changing with the boomers dying out. In the US less so, because their houses are usually not build to last, and they have not as much of a decline in population, as other countries around the world - but if you are making the same bet in Europe today, you are betting on the generational population difference being filled up by migrants, or by migration pressures into cities.
Also: Something about Foxi4s story on paying off his house in four years is fishy, considering this:
https://careers.workopolis.com/advi...-to-buy-a-house-in-every-major-canadian-city/
So - if you are living in any major city, with projected economic growth in the next 10 years or so, the average family, cant afford a loan for a house anymore, without making it a very long term investment (at which point you probably arent getting the loan cleared).
And that was 2016. The situation this year looks like this:
On a national level, homes in Canada sold for an average of $688,208 this May, a 39% year-over-year increase and down from March's all-time high of $716,828.
https://wowa.ca/reports/canada-housing-market
edit: Most upvoted post on Quora from 3 years ago (More detailed than my description):
It had nothing to do with Obama, and everything to do with the greed and recklessness of the big banks. The roots go back to Ronald Reagan’s administration. In the 1980s there was more money tied up in mortgages than in the stock market, and Wall Street wanted a piece of it.
Lewis Ranieri of Wall Street firm Salomon Bothers devised a way, by creating the Collateralized Mortgage Obligation (CMO) in 1983 to package mortgages into bonds that could be sold to institutional investors and sovereign funds. This could only be done through Freddie Mac at the time, but in 1984 Congress passed the Secondary Mortgage Market Enhancement Act (SMMEA) which allowed private banks to buy and sell mortgage backed securities without a government guarantee.
This picked up big time after the repeal of the
Glass–Steagall Act in 1999, allowing the free mixing of commercial and investment banking. Investment bank policies took over most banks because it was more profitable, and very little was more profitable than mortgage bonds. So banks gave every encouragement to people to take out mortgages, providing lavish funding to mortgage originators. Once the mortgages were signed they were immediately sold to an investment bank, incorporated into mortgage bonds and sold to outside investors. With that sale, went the risk. In case of default it wasn’t the bank on the hook for the loss, but the unsuspecting pension fund that held the bond.
The problem was, there just weren’t enough mortgages being issued to fuel the demand for bonds, so banks created entities like Countrywide, a mortgage originator. The overriding objective was to get a borrower’s signature on the forms, so that the mortgage could be rolled into a bond. Banks provided the originators with practically unlimited funds, knowing they could recover them almost immediately from the bond sale. This drove up house prices very sharply, with the result that under ordinary prudent rules, most people couldn’t qualify, so the rules were relaxed so that anyone could qualify, even if they had no hope of repaying. Inventive new mortgage payment plans were created with very low initial payments, increasing after a couple of years. Borrowers were told, “Look, prices are increasing at 25% a year - when the payments goes up, you can sell the house and cash out a large capital gain”.
Angelo Mozilo, CEO of Countrywide, had a simple growth strategy.
“We fund all loans.”
… What if the borrower has no job?
“Fund ‘em.”
… What if they have no assets?
“Fund ‘em.”
… No income?
“If they can fog a mirror, we’ll give them a loan.”
What could possibly go wrong?
It’s a common Republican technique to blame all this, and the devastating crash that followed, on Fannie Mae, the government mortgage guarantor. Now I see they’re trying to hang it round Obama’s neck. It’s just the usual “whataboutism” to deflect attention away from the real culprits, like
Jamie Dimon of JP Morgan Chase, who is no doubt fully up to date on his donations to Congressional re-election funds. In spite of evidence of massive lawbreaking, no bankers have ever been prosecuted over the mortgage crisis. In fact, one of the first things Donald Trump did after he got the keys to the Oval Office was to chat with his pal Jamie Dimon and then
announce plans to gut the Dodd-Frank Act.
After the next devastating crash, who will Republicans blame? Pocahontas? Oh, wait a minute …
src:
https://www.quora.com/How-did-Barack-Obama-cause-the-sub-prime-housing-crisis
Most upvoted posting on Quora that isn't pure BS, that is.

(As in the 140 likes posting of 'Obama owns all his houses himself, and..')