True
> It doesn't even really encourage it.
False
> Wanting more and more money regardless of the (human) cost does.
Capitalism is explicitly about encouraging a behavior with more and more money.
It's not immoral per se, it's just that humanity is not in the value function. That's where regulation/subsidy/taxing comes in.
It tends to encourage it by putting those at the top who manage to exploit the most. Capital also begets political power which makes it hard to counter that trend.
> Wanting more and more money regardless of the (human) cost
Congratulations, you've accidentally defined capitalism.
What I'm advocating against is the idea of a wholesale changing of a system of politics and economy.
Some countries do better than others, in various metrics. That's the "what else" you can look at and emulate.