I am a capitalist. I like the profit margin and believe that competition and greed produce some very good things. That search for profit has given us home improvements, Ipods, great strides in medical technology, and even safer and more efficient cars.
But there are aspects of capitalism that bother me. Capitalism, after all, cares not if the worker is 12 or the byproduct poisons the local river. But there is a new trend in capitalism of profiting from the poor. This occurs in tax policy, in wages, and especially in lending practices.
I still remember when I first discovered "signature loans." My mother scowled and said very plainly, "those are nothing more than usury." Now, the payday loan people probably scoff at the signature loans.
Capitalism makes great cars, but there are some areas that are not made better by the free market's drive for profit. Prisons, poor people, and I would argue, education are not improved by transforming them into revenue streams.
We can do better. But since we have decided that the free market is a divinely inspired mechanism, it is doubtful we will.