Poverty isn't a flaw of capitalism. Capitalism wasn't supposed to eradicate the poor class. No1 has ever said it was. If they did, they were misinformed. Capitalism is perfect because it consistently achieves it's goals.
Yeah, the goal that for every millionaire, there's gonna be hundreds of people stricken with poverty. Pretty sweet goal. But hey, those poverty-stricken cretins will some day be rich thanks to trickle down economics. Just ask everyone in Detroit. They all got rich after that big auto boom.
Because there are so many well off people in socialist or market intervening countries. Yeah you guys are so great. That's why Africa and South America are doing so well. Also, poverty is relative.Africa and South America aren't socialist, so what's your point?