My frustration with the arguments for communism and or socialism vs capitalism is that they are surface arguments on ideological basis. I see socialism and communism as dressed up authoritarianism.

A massive hand-over of power to a few in government is not an improvement over capitalism where a much larger group vie for power in a dual reinforcing and opposing system of government and corporate interests. To hand the economy over to the government creates a far more centralized system of power and all the discussion of supposed benefits we could attain by such a system does not nullify the massive threat to freedom by that kind of system.

Capitalism is a horrible system but its the least horrible one we know of. A better discussion is how do we get to a better regulatory regime.