> Take heart in the knowledge that more people have been pulled out of abject poverty in the last century, thanks to capitalism, than any other time in human history

As economist, this entire sentence repulses me. No, it wasn't thanks to frantic capitalism. None of the "mechanism" that are adjudicated to frantic capitalism alone mean everything to bring most people out of poverty. What actually has brought more people out of poverty was consistent growth paired with a fairer distribution of the gains in productivity... which is not an economic system feature