“On the consumption side, it means promoting renting over owning, and broadening the sharing economy.” Some of what you say makes some sense but promoting renting over owning is a really bad idea. Think what you are suggesting: if everyone owned their own home, the world would be a much better place, and every home owner would have a stake in the economy, and capital, in the form of real-estate.
Just ask yourself these questions:
Q: How do you identify a rental property on a street?
A: By the overgrown lawns and unkempt gardens: people don’t take care of what they don’t own.
Q: What do you call areas of high rental accommodation?
We should be subsidising first home buyers to get out of the rental market and start building some equity in their own homes.
I also think your thesis that Capitalism is broken is flawed: ‘Three-quarters of German adults, two-thirds of Britons and over half of Americans believe that, “the poor get poorer and the rich get richer in capitalist economies”.’ The truth is the opposite, but is not a fact that can be determined by a poll, you need to look at the data. On just about every metric, the World is better of today than it was 30 years ago: Poverty is in rapid retreat all over the World.
Does Globalization Help or Hurt the World's Poor?: Overview/Globalization and Poverty
Globalization and the attendant concerns about poverty and inequality have become a focus of discussion in a way that…
Why do people, often the majority in western countries, think the poor are getting poorer over the same period? One word: propaganda. There is no future for Socialism were it widely known just how successful Capitalism has been in lifting the poor out of poverty.