I am not advocating 1950-1970 policies, only indicating the level of progress. Otherwise, we'd also need to advocate for a massive World War that lead to the political resolve/unity followed by Cold War where we are on the verge of nuking each other for 3 decades necessitating intense R&D and military spending. Furthermore, it also necessitates that we form new Gov agencies like they did in 1950's which were nimble, highly efficient and competent. The latter, I would be in favor of. Remove regulations and start new agencies, abolishing old ones. It is also interesting to study why USSR, Cambodia and North Korea failed spectacularly while others that adopted highly capitalistic policies propelled into pulling people out of poverty (China, SK, HK, Taiwan, Singapore, and more recently Indonesia, India post-1990's, Vietnam and Thailand).