Capitalism has one major consequence: it doesn't guarantee success. In a free society, the economic success is based solely on the ability and motivation of individual people.Like in Africa , South East Asia etc. The conditions in those countries are horrible while under Capitailism, have you ever been or even seen how it is in those country outside the US? (Except for the UK ,Canada and West europe.) So technically speaking Capitalism has only work in the US, UK, France, Canada, Italy, Japan, Germany and Australia.
"Justice" is the virtue of neither giving nor accepting the unearned. Just as justice is so important in the legal system, it is equally important in the economic sphere.
So just a "little bit of freedom?" You can't have degrees of freedom; there are only degrees of oppression. You either have freedom or you don't.Mild Socialism can be good, as can a mild form of Capitalism.
What always amuses me about liberals is their contradiction towards individual rights. If the government, say, invades a house or arrests a suspected terrorist without a proper warrant, the liberals go nuts, saying - quite truthfully - that additional security is not worth sacrificing our individual rights. This is physical security, mind you - protection from harm, possible death for those who have not deserved it. However, when dealing with economics, the liberals are more than willing to sacrifice whatever individual rights are necessary to insure the merely economic security of those who have not earned it.
So basically, it's not worth it to sacrifice individual liberties to save the lives/well-being of those who have not earned any punishment, but it is worth it to sacrifice individual rights to try to save the economic well-being of those who have earned their current state. I don't get it.