Do you think that the capitalism vs. socialism debate wouldn even exist if education did its job?
It would still exist. Sure kids could be better educated in economics but that wouldn’t kill off the debate it would probably encourage it (and a good thing that would be as well). If education establishments were to simply teach one economic viewpoint that would be incredibly worrying. Even within those broad categories there is a huge amount of debate on what is the best economic model. Education shouldn’t be indoctrination.
No. [Firstly, let us exclude Communism from Socialism]. They are the two ends of the dial of social conscience. Just as there is no perfect volume to play a record, there is no perfect average between kill-all-who-stand-in-your-way Capitalism and no-one-should-have-more-than-anyone-else Socialism. Both extremes are transparently wrong – but the where the “sweet spot” between them is, nobody knows.