The answer to this pointless and polite debate is simple...yes. Both are right. And both are equally wrong. There is an in-between that governments have been evolving towards for a long time. But it doesn't even have a name...compromise between the two is so unimaginable and difficult that it doesn't even have a name.
Are capitalism and socialism defined as right and left? Is centrism the perfect solution? Or is it just the battlefield where the two sides clash? Is there a Third Way? Where both money and people can be equally served by government.
"Be yourself; everyone else is already taken."— Oscar Wilde