> Capitalism already is a poor allocator of human effort, resources, and energy, why lock in on this specifically?
It's absolutely best allocator of human effort there is. It has some problems but compared to alternatives it's almost perfect.
Looking around, the evidence doesn't seem to support this conclusion. 50% of food thrown away, yet people go hungry. Every privatized industry diminishes in quality and reach. Selects and optimizes for profit rather than for human need.
No it is the best of what we know.
There’s something else out there that nobody has the imagination to personally figure it out and get alignment toward it.
It can also be true that capitalism is transitory to get to a place where much of the capital one needs is invented.