I think it's very important and fair to be critical about how we as a society implement capitalism, but such broad generalization misses the mark immensely.
Talk to anyone who grew up in a Communist country in the 2nd half of the 20th century if you want to validate that sentiment.
Technology did what you ascribe to Capitalism. Most of the time thanks to state intervention, and the weaker the state, the weaker the growth (see how Asia overperformed everybody else now that laissez-faire policies are mainstream in the West).
> Talk to anyone who grew up in a Communist country in the 2nd half of the 20th century if you want to validate that sentiment.
The fact that one alternative to Capitalism was a failure doesn't mean Capitalism isn't bad.
Methinks capitalism is just a bogeyman you ascribe anything you don't like to.
Capitalism on the other hand is the mechanism through which the owners of production assets grab an ever growing fractions of the value. When Capitalism is tamed by the state (think from the New Deal to Carter), the people get a bigger share of value created, when it's not (since Reagan) Capitalists take the Lion share.