> At least its equitable (based on value of output), ofc there are legacy issues as well.
It's not. By definition, it's based on control of capital. That's why it's called capitalism. In other words, those aren't "legacy" issues; they are literally the system as designed.
Capitalism follows a very simple algorithm. In a capitalist economy, capital always accumulates, with all exceptions being precisely that: exceptions. Are you defending the exceptions or the rules?
Realize there was a very long and quite recent time when capitalism was impossible. By your logic, we should reinstate the divine right of kings.
At least its equitable (based on value of output), ofc there are legacy issues as well.
Some demagogue can swoon the masses and take it all if not for capital. That demagogue could be Trump or Stalin.
Know the consequences of what you are advocating for.