Yes, seems like it. I grew up in USSR, and now appreciate capitalism a lot.
Same thing with democracy by the way: yes it's a bad and stupid system, but I've seen the alternative. Many people expect democracy to make ideal and fair decisions, while I see it as just a protection against the most egregious and blatant violations. E.g. the US has "Deficient democracy" rating (only two parties), but it's still infinitely better than any dictatorship.