Unfortunately, this basic fact has been overlooked by academia. Economically illiterate teachers, politicians, and the media have taught that capitalism is evil. They view capitalism as a greedy, manipulative system designed to keep the majority of people economically disadvantaged. In reality the opposite is true. Capitalism is what gives people the opportunity to have the economic freedom to improve the way of life for all people.
Capitalism gives people the opportunity to obtain economic freedom while helping others.
Capitalism is what created the middle class in America, the largest the world has ever seen. Capitalism has fed and clothed the world. It has created the vaccines and medical technology that has saved millions of people and made their lives more happy, healthy and more productive, Capitalism has led the way from Colonial times through the Technological Revolution. Think about it. Many people espouse Socialism or Communism as the preferred political and economic system.