have far higher standards of living than the Socialist countries.

[Please, don't tell me that Switzerland is Socialist. By "capitalist", I mean where MOST (not necessarily all) industry is in private hands. This includes EVERY prosperous country in the World.]

Capitalism is the worst economic system in the World, except for all others that have been tried.

Capitalism does not need to be abolished, it needs to be moderated by both social and political control. The business of maximizing profit regardless of the consequences must come to a stop. Businesses must learn to balance other responsibilities to the employees, vendors, customers, general society along with profit.