Calling the parent myopic while saying "Also, humanity is hardly an economy of capitalism any more. More similar to oligarchical capital feudalism." Is deserving of snark.
In the context of 5 centuries of capitalism we live in an age of unprecedented equality, freedom, and opportunity.
Further, observed over the last 5000 years of human civilization the stupendous rise of innovation under capitalism is so dramatic that implying it is not responsible for the wealth we enjoy today beggars belief.