Capitalism sounds like a good deal once explained to everyone what it actually means and stand for. Capitalism itself alone is good, but not when you have a capitalist behind it puppeting it.

When the word capitalism appears, there are 2 classes in the society then. The bourgeois ( Rulling or Social class ) and the Proletariat ( Working or Lower class ) people. When one rules , many others follow.

True that the more you work, the more luxurious your reward will be, but oftenly why capitalism failed was because of this same concept. People whom are at the top seats tend to manipulate people below them into producing a greater output in product with a false motivation. In the world of communist, they call this "Labor exploitation". Labor exploitation was the main reason why the Proletariat risen up against the ruling class in Russia last time, and Karl Marx with his marxism ideology advocated Equality than what was at that time, Capitalism. Capitalism is only good if those who are seated at the top rewards its worker accordingly and does not practice exploitation ( examples would be those child labor ran factories in India and Pakistan ) .

Capitalism in the modern day is a good concept to stimulate the economy growth, specially when people are willing to work harder to achieve a goal they have set for themself and when talents are more willing to look for jobs so that they can earn the rewards offered. If we look around us now, everywhere is capitalism. Even at home, when a child is doing well at school and helps out at home, that child is often rewarded in one form or another. Maybe that child will get the item that he or she desired, or that child will receive more love and priority from the parents.

We were all born in the world of capitalism and were nurtured with its way since birth. There is no way we can accept equality among people , maybe in sense of racial status yes, but not in terms of wealth. We are all materialistic people even if we dont want to admit it, and in the end of the day, we are all just a slave to the capitalistic system.

Or either properly organized but yet corrupted corporation / government that controls all.

well thats a form of capitalism as well. When the royal family is always on top and all others work their asses off to make sure that the monarch stays on top lol. Its still exploitation when you dont allow those whom are able to fully maximize their potential. Coz if there is a king, you cant have someone higher than the king.