....It is a paradigm shift that must happen before any significant moves can be made toward a more equitable world,

Socialism is characterized by state ownership of businesses and services. Central planning is used to attempt to make society more equitable.

"....The primary concern of the socialist model, in contrast, is an equitable redistribution of wealth and resources..."

Capitalism is a market-driven economy.
The state does not intervene in the economy, leaving it up to market forces to shape society and life.

https://www.investopedia.com/ask/answers/020915/what-are-differences-between-capitalism-and-socialism.asp

I Hope that helps.
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