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When it comes to the economy, capitalism with a heavy dose of regulation is the best option we have right now.
Attempts at communism have failed miserably and just led to dictatorships.
Unless you’re proposing something better than either of those?
Oddly a form of communism would work but only in a post scarcity society where all your needs are met.
Aren’t we already living in a post scarcity society in terms of economic output? Our only real limit is currently that we are using up natural resources too fast, but that would be greatly mitigated by cutting down on billionaires and a couple of other extremely wasteful activities.