goldenquagsire
Rubber dinghy rapids, bro!
Consistently raise living standards over the past two hundred years?Wait
What did capitalism do for us?????
'The market' isn't a benevolent force. However, capitalism moderated by, for example, strong labour movements can have a very beneficial impact.
Put it this way: many people put the Nordic countries on a pedestal for their progressive social policies, but why are they in a position to enact such liberal policies? The fruits of prudent finance and sensible industrial policy. Which is more than we can say for ourselves in this country. :(