Tell me one of your hobbies so that I can tell you you're wasting your time doing something you enjoy for the sake of doing it.

I bet you don't enjoy anything though as much as they enjoy creating things in Minecraft, and you're just jealous.

Or maybe you're a nice little worker drone/NPC that has been convinced he only has worth if he's making money or producing something for someone else and can't even remember what doing something for your own enjoyment is like. I pity you...

You're close, but I think it's better to think of economic systems as tools instead that need to be wielded appropriately. The problems we see is that we adopt economic systems like religions that can't be switched. Capitalism is good for stimulating growth, but extended use of it ultimately ends in a consolidation of wealth and power.

Socialism is good during times of peace and abundance, or after periods of consolidation through capitalism that requires a redistribution of wealth (middle class citizens with redistributed wealth could then have the means to innovate and grow new sectors if you then switch back from socialism to capitalism, for example.

Hell, even authoritarianism has its uses, although it's difficult (but not impossible) to institute temporarily. The handling of COVID is a perfect example of a proper time for authoritarianism for the good of humanity. Too many people were too dumb to follow the rules that could have made the impacts of COVID substantially less, meaning less deaths and less of a hit on the global economy and supply chain. There have been countries that successfully have used temporary authoritarian means for the good of the citizens, and then those powers were abandoned. It's a dangerous move, but the tool itself is just a force, like you said.

So yeah, they're all tools, but as the saying goes "if a hammer is your only tool, then everything starts to look like a nail", and you can cause some real damage when you don't use the right tool for the job. I think the problem arose mainly during the cold war when US vs Russia became Capitalism vs Communism, and economic systems were forced into our personal identities, and we were taught that capitalism was the best system for everything ever, even though it only won out in that particular situation because that situation called for rapid growth, which is something that capitalism is good for.

You can't force, but he's saying that *regulation* is still necessary. Too much regulation and too little regulation are both just as bad for the average person in the long run