I get your point. But I see what you have said as two independent points.

The way the world is set up deflation is a bad thing, pretty unanimously.

But unrelenting capitalism is a bad thing I agree. But it's separate. Is kind of like saying "we need to get better at football by kicking the ball better" but then saying "the game is stupid you should be able to use your hands". I agree the game is stupid but I wouldn't disagree in the rules of football being better and kicking makes you better at the game, even if the rules should be changed.

Me personally. I have a degree in economics and I don't see governments or international relationships working without a strong basis on capitalism. But I also agree that the system is at a point where capitalism has created enough wealth in the economy something needs to be fundamentally changed. People should work less, spend less (but buy better quality, reparable products), have more community, correct the market this strong externalities and even maybe UBI.

But I'm not celebrating depreciation and reduced consumer spending because the world we are in that means it's a bad thing.