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I showed this thread to a high school friend of mine who was active in his fraternity and who was economics major.
He agreed with the basic premise, but cautioned that one has to consider the downside of capitalist system. He recalled at his fraternity one year that a lot of men showed up for recruitment/rush events, but when it came to accept bids very few men did that year.
When he and his fratnerity brothers asked around, they discovered that a lot men came to their parties for the beer and the food, but had no intention of pledging ABC fraternity.
As he noted capitalism has its rewards, but also its risks
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