Why, yes; we could bring back a societal safety net and raise the minimum wage, so that it's actually possible for one income to pay rent, utilities, and still have some money left over for saving against a disaster and having some fun. We could take things like "healthcare" or "education" out of the hands of profit-seeking entities and run them with the philosophy that "a healthy population" is a much better profit than "a bigger number in a bank account".

We could even take the money we put into an increasingly militarized, dangerous, and expensive police force and put it into the things that reduce crime by making it a lot harder for someone to fall to the point where the consequences of crime are less than the consequences of being absolutely broke.

We could raise taxes on the tiny fraction of people and corporations who hold the vast majority of the money in the West, and especially the US, and send it back out into the system at the bottom with a basic income scheme, with the actual numbers on these tightly coupled with an assortment of cost-of-living indicators. If companies want to leave places that start taxing them, let them - they'll have to leave all their physical equipment behind, and we can institute a system of grants to help workers form a union and start using that stuff to fulfill people's needs for whatever they were making, with the profits being shared among the workers.

"But that sounds like socialism! Or even communism!", some will protest. Why, yes, yes it does. The people and corporations who want to accumulate huge amounts of money and power have been telling us that everything that sounds nice is "socialism" for my entire lifetime, and to be quite honest I have been at the point where they are making "socialism" sound pretty good compared to the capitalist hellscape they've turned the world into.

There are, of course, many ways this can go wrong. Utopia's not easy. But the present system sure isn't working either.