Capitalism is not a fundamentally good idea.
Socialism envisioned an economy Steve Jobs would be proud of -- centralized, coherent, running like clockwork. Capitalism envisioned an economy like an ant hill, optimal behavior emerging out of individual incentives. (Libertarianism even more so.) It's time for a synthesis. Socialism takes away all incentive, and capitalism puts incentives outside man's control. Perhaps the best of both worlds would be to design -- and continually tweak -- an economy's incentives in open, transparent, centralized, coherent fashion, and let economic activity emerge from it? [My book of the year 2012: Red Plenty. http://akkartik.name/blog/red-plenty; https://plus.google.com/110440139189906861022/posts/V1N3toqm...]
I think capitalism was entirely appropriate, and a great idea in it's historical, socio-political environment. With changing ideas about divine right to rule, etc, etc, I think capitalism was a great way for humanity to push itself into its next age. However, I don't think capitalism is the end-all-be-all and ends up disenfranchising lots of people. I'm interested to see what next economic and political ideologies emerge in the next 100 years or so (or as many as I get to see).
But their society as a whole has less of a consumer mindset.