"Yes, but the bad stuff would be down to the rise of consumerism, which is an even more recent thing than capitalism".
Is consumerism a recent phenomena?
I think consumerism has been with us since our ancestors first began producing luxury goods way back in the mists of time.
Just look at the composition of the grave goods that have been found throughout these islands, gold from Ireland, jet from Yorkshire, amber from the Baltic, jadeite from the Jura etc.