It’s never said openly, but quite literally, yes.

After all, food is a commodity. Housing is a commodity. Hell, healthcare in the US is privatized. If you can’t pay, you’re often screwed.

Not to mention sweatshops, pollution, improper disposal of waste, worsening climate change, supporting wars for money…

The list goes on. Our world is run by the principle of “private properly is more important than lives”.