The governments of most, if not all, developed countries are a combination of both socialism and capitalism. They only vary as to the degree they lean left or right. You two are arguing as if they are polar. This denies the possibility of a conclusion, and thus places it the realm of mental masturbation.
Thank you for, at least, an intelligent retort, and I do find this somewhat amusing but...
Study after study find the most-socialist countries (like Sweden, etc.) are the best off in terms of living standards.
We need to end capitalism (whether private or state); that is my argument.
This notion that 'market forces' (whatever the hell that means) create wealth is absurd. Workers create wealth.