That's such a simplistic negative view. It ignores
how the evolution of capitalism you decry has
offered benefits, eg, much cheaper goods here.
And it could very well be that the reason Taiwan
is still independent is that China would suffer
severe economic loss if it invaded.
One thing we might agree on is that capitalism
is messier (less controlled, more chaotic) than
command economies. But we would differ
on whether that's a significant problem.
Our leadership seems more disconcerted about the state of affairs in the world at present, whether it's about Ukraine, Taiwan, North Korea. In the case of China's claim on Taiwan, that threat have always loomed in the background for decades - just as much back then as now. Yet, now, our leaders have chosen to believe that it's a more imminent threat than before.
My only point is that a lot of people seem surprised or confused when they look at the events of the world.