It's obviously a lot more complicated than that. You could google elephant chart for example which says that globalisation has indeed lifted some people out of the most extreme poverty in to ... well "normal" poverty, but we're not even talking about food-stamp poverty here we're still talking about the kind of poverty that you see in Bangladesh or Rio. Their living standards are still piss poor. However the middle class is the one that lost the most in income while the wealthiest have gained more wealth. People like to forget this.
But can you prove that "capitalism" - or what you see as capitalism - is actually the cause for this improvement? We are talking here about well, China, Saudi Arabia, Iran and many more dictatorship. While living standards are dropping in western democracies. Maybe the reason is autocratic rule and not capitalism? Or could it be that correlation is not always causation?
I don't know it. And I am pretty confident that you don't know it either.
Besides I never said that we should get rid of free markets and install planed economies. I wish you people would stop always falling back to fallacies and creating straw man here talking about communism and socialism like as anyone here would actually support dictatorships. If you guys are not interested in any serious debate than so be it. But stop wasting your and my time by pretending to have one. The point is that that certain ideas, particularly neoliberal ones, are taken to the extreme today. And this is having severe effects for a lot of people. Social democracies didn't pop up after WW2 because everyone in Western Europe was becoming a die hard socialist, you guys know that, right? Many conservatives actually supported social programs. Like Eisenhower who what a shock pretty much created medicare. But this was the 1950s when rich people paid more than 90% in income tax. The horror! Can you remember? All those images of rich people begging for money. Today they don't even pay half of that in income tax.
No one here is talking about to dispossess of anyones property. But very wealthy people should simply pay their fare share to society. It's not only the poor that profit from free education, fire fighters, police, jurisdiction, infrastructure and all that other useless crap I suppose.