Capitalism Is Better than Socialism

My opponent declares Capitalism to be superior to Communism.Like most Isms, these two rest on easy human ideas and concepts, like my opponent's (poor) definitions show. Now, don't get me wrong, for the sake of this debate, I will accept these definitions.But life isn't easy and straight-forward. Every simple idea leads to unsolvable problems a few steps down the road.Capitalism is known most commonly known for one specific problem, namely overproduction.Renowned economist Professor David M. Kotz, Department of Economics, Thompson Hall, University of Massachusetts, writes: "neoliberal capitalism ... We can identify three possible sources of over-production in a neoliberal structure.The first is known as underconsumption, a crisis tendency associated with capital having the upper hand in wage bargaining. [...]A second type ..., called over-investment, ... stemming from the nature of competition. In contrast to the co-respective behavior toward one another by large corporations in the regulated capitalist era, in the neoliberal era capital-capital relations are characterized by unrestrained competition including frequent price-cutting. ... that ... leads to excessive investment, as rival firms battle for survival by trying to raise their market share. This in turn leads to ... underuse of capacity.A third type of over-production crisis tendency in neoliberal capitalism stems from asset bubbles. This happens because rapidly rising profits ... create a pool of funds seeking investment that exceeds the available profitable productive investment opportunities. As a result, the excess investable funds find their way into the purchase of assets, which tends to raise asset prices." from http://books.google.de...Now, over-production means two major things:1. We have a lot of wares that go to waste, especially food.2. We consume resources faster, leading to a worldwide deprivation of for example fossil fuel, certain metals etc.Now, communism, on the other hand, regularly leads to under-production, as the assigned firms cannot deliver the needed wares in time, always working behind the actual need.And while both are equally bad, there is one thing in which communism's under-production is even superior to capitalism: resources under a communist regime would last longer, leaving more of them for generations to come, which is a good thing in and of itself.Hence, Capitalism is not superior to Communism in EVERY WAY. I win.As for what is stopping the spread of Capitalism over the whole planet: my dear opponent supposes a false dichotomy.Vatican city is neither Capitalist, as all business is coordinated by the Pope and most revenue is made from donations, nor Communist, as Communists despise religion and even more importantly Catholics despise Communism: "Religious socialism, Christian socialism are contradictory terms, for no one can be, at the same time, good catholic and true socialist." (Pio XI) from: http://www.montfort.org.br..."Noncommercial economyVatican City's economy is noncommercial. Hence it's difficult to analyze economy of Vatican City by usual standards. Economic structure of Vatican City is quite unique and does not conform with workings of a conventional economy." from: http://www.economywatch.com...This means that Communism is not the ONLY reason Capitalism doesn't spread over the whole world. In my personal opinion: luckily so, for having two opinions only in a world filled with seven billion humans would be very, very sad.My opponent is wrong on both counts of his resolution.I would advise to stop this debate before it declines into ridiculousness.