capitalism's rejection: theoretical/empirical troubles or anti-eurocentr

Is the theory that capitalism is not a historical system based on
theoretical/empirical troubles surrounding its existence or is it because
historical materialism finds its origins in European society and this is
troubling to the ideology of anti-eurocentrism?

If it is the former, I am unconvinced by the arguments. If it is the latter,
then this is a puzzling position, since it would seem to assume that
capitalism is a good thing and therefore wrongly credited to Europeans.

Andrew Austin
Green Bay, WI