Pure democracy won’t work; it ends up being anarchy. Pure capitalism and communism won’t work, either. Who is idealist enough to think that this system, in its pure form, wil work any better?
No matter what system is in place, we will always have the poor, regardless of how they got to be that way. It could be health, laziness, alcohol or drug addiction, mental capacity, or some combination of these and/or other problems. No system of production is going to rid society of them, period.
Let’s take a look at how our (insufficiently) regulated capitalistic society has evolved, much of it taking place since WWII. Credit unions, which are owned by its depositors, have taken a big chunk of commercial banks’ personal business. I think they are prohibited from venturing into commercial business.
Electric cooperatives, owned by its member/customers, were once rural but now serve large chunks of urban and suburban areas due to growth, sprawl, or whatever you want to call it.
Most workers in all but the lowest classes, and even some of them, own stock in their own companies or other companies by virtue of 401k’s, profit sharing in the form of stock, and other instruments. Some companies, although large, are owned in total by the employees.
A large proportion of the “middle class” owns stocks, and thus the means of production, outside their 401k’s.
Many auto mechanics and most construction tradesmen own their own tools, again, the means of production.
Then, there is the obvious: the small businessmen. How many of those do we have in the US? Some are doing very well, some just getting by, and some not making it, but that’s the way it’s always been and probably always will be. Small business, in the aggregate, is by far the largest employer in this country.
The next step in wealth distribution is going to be stopping the outlandish compensation being given to CEO’s and other corporate VIP’s. How it will be distributed is an unknown, but some possibilities, alone or in combination, are lower product prices, higher wages, or larger dividends for shareholders.
There is always room for improvement in any system because, whatever it is, it’s run by imperfect men. Rather than being so quick to decry the injustices in our hybrid system, why not look around for the good and build on that rather than trying to replace the entire system with an unproven one?