Your assertion that "people work, people get paid, owners are richer, just like it's supposed to be" justifies an unnecessary reality that inherently exploits the majority to benefit a select few who, like parasites, want to enrich themselves through other people's labor. This arrangement that you're so comfortable with is fundamentally unjust, inhumane, and unsustainable. Any wonder why so many people hate their 9 to 5 jobs? It's not that they're lazy, but rather that people intrinsically sense they're getting screwed, working in a totalitarian workplace, disempowered, and subject to the whims of a parasitic capitalist who lives off others' labor.
Under capitalism, workers are commodified and exploited. Their labor is treated as just another input in the production process, and their well-being is secondary to profit maximization. Workers do not own the fruits of their labor or the means of production. Instead, they sell their labor power (their lives, bodies, presence, time) to capitalists, who then extract surplus value from this labor to enrich themselves. This relationship reduces human beings to mere cogs in the capitalist machine, existing primarily to generate profit for others. It keeps people desperate for jobs, in order to increase the capitalist employer's leverage in negotiating the terms of employment.
The government could recognize and protect everyone's right to employment by ensuring full employment in the public sector, thereby empowering the working class to more effectively negotiate their terms of employment with wealthy, powerful capitalists. But it doesn't do that because capitalists control the government, undermining democracy, and turning it into a plutocratic oligarchy ruled by the wealthy. Capitalists want there to be a certain degree of unemployment and poverty because it increases their power when negotiating wages, decreasing the cost of human labor.
Capitalism privatizes profits but socializes losses, as seen in the repeated bailouts of failing industries and financial institutions with public funds. This cycle of boom and bust underscores the system's inherent instability and its reliance on public intervention to survive.
Moreover, with the advent of advanced automation and artificial intelligence, the capitalist model becomes even less viable. As machines and algorithms replace human labor, the traditional wage labor relationship upon which capitalism depends will erode. Without wages, capitalism cannot function, as it relies on the continuous exploitation of human labor.
In contrast, socialism offers a more just and sustainable alternative. It advocates for the abolition of private property that exploits people for profit, allowing only personal property for personal use. This distinction is crucial; while everyone should have the right to own their home, car, or personal belongings, no one should have the right to own property that enables them to exploit others.
Under socialism, the means of production are publicly owned and democratically managed by those who work them. This ensures that the benefits of production are more generously and abundantly shared and that decisions regarding production are made in the collective interest of society, rather than the narrow interest of a wealthy few capitalist parasites.
Workplace democracy is essential. Just as political democracy ensures that citizens have a voice in the governance of their country, economic democracy ensures that workers have a voice in the governance of their workplaces. This creates a more equitable and just society, where the exploitation of workers is eliminated, and everyone has the opportunity to contribute to and benefit from economic production.
In summary, capitalism commodifies and exploits human beings, reducing them to means of production for the benefit of a parasitic class of wealthy capitalists. Socialism seeks to end this exploitation by abolishing private property that enables such exploitation and replacing it with a system where the means of production are publicly owned and democratically managed. With the rise of automation and AI, the transition to socialism is not only desirable but necessary for a sustainable and just future.