You still need to cover all of you actual points with useless ad hominem arguments, just drop it.
I would disagree that young people dont have alternative to capitalism. At least in our department at the uni, it was very leftist in ideology.
It was those young people who were voting for Bernie in the last us election, so I think there are alternatives and its good.
But when you talk about alternatives to capitalism it sound very black and white, like there was an easy fix.
Yes in capitalistic system the economic growth and progress is a lot faster, but it leaves a lot of responsibility to the market to drive it in right direction. In theory the market decides, which sounds good, but as the market is the public and people are generally stupid it needs to be forced by law to go into certain direction. And as the market is not really the driver, we have not really seen a completely capitalistic system, and I could argue it is not even possible.
Well if the capitalistic ideology is in general based on economic freedom, the socialist ideology is about the people. We should make sure everybody has enough. So in the extreme left you would find communism with no economic freedom and state ownership. Which either has not been really tested with good intentions.
Most scandinavian countries are somewhere in the middle with social democratic systems, I think it still needs a lot of fine tuning, but I do assume (correct if i'm wrong) that it is still capitalistic by your standard?
So when talking about alternatives what type of system do you have in mind? Is it something that is achievable by political actions with the current system or something totally different, more utopian like the venus project?