As I have said before on this forum, we need a way to price in the whole lifecycle of manufacturing through to waste and punishments for behaviour like Purdue and the opioid crisis should be the loss of all wealth generated by such dark behaviour.
of course this is also unworkable, but I am not personally certain what is workable without a secular moral revolution.
A neoliberal economy wastes talent and skill in much the same way an ICE wastes most of the energy from the gas it burns. Vested interests clog up the engine and keep it from running cleanly and efficiently.
This doesn't just create pollution of all kinds - physical, social, political, and ecological - which makes the environment a very unpleasant space for most humans.
It also puts a hard cap on the maximum speed, which is nowhere close to what's possible.
We have tried central planning, and it resulted in horrendous living standards (as compared to the western world), queues all-night-long that you had to wait in if you wanted to buy bread in the morning, "if you're not stealing from your employer, you're stealing from your family" being adopted as a common proverb, and the whole system basically running (for some definition of running) on bribes, favors and theft. Communism finally fell around '89 in most of Eastern Europe, and we're still recovering.
Perhaps you could solve some of these points with computer-aided optimization and dystopian AI-powered mass surveillance, but is that really what we want?
In my view, the problem isn't capitalism, the problem is the government trying to fix capitalism, but instead making it much harder for small competitors to emerge, effectively causing almost-government-mandated monopolies.
Think about what industries are complained about most in America, and how regulated those industries are. You can't just lay fiber, make medications or help patients without going through a regulatory minefield, mostly for good reasons, but this is why the big providers of these services aren't outcompeted by smaller ones. There's a reason why the mostly-unregulated big tech is considered to be one of the most trustworthy industries among most (non ideologically motivated) consumers, far surpassing any political party.
Capitalism is sometimes bad, central planning is worse, but heavily regulated capitalism is the worst of them all.
If your property generates air pollution, noise pollution, smells, unclean water, radio interference etc, you get taxed and/or have to offset the effects (e.g. by planting trees).
You can do this with very simple, straightforward regulation, in a way that is very easy to understand, doesn't require an army of lawyers to follow and doesn't advantage or disadvantage large companies.
The temptation of exceptions, exceptions to exceptions, and exceptions to exceptions to exceptions might be too much for governments to stomach, though.
There are many different models. Look at Elinor Ostrom's work, or projects using participatory budgeting.
I’d go back for nostalgia, but not for practical purposes. Even in the 2000s it was much harder to find information. Wikipedia didn’t launch until 2001, and wasn’t useful till long after.
It's like looking at a sweet kid who grew up to be a huge asshole and saying "would you really go back to that kid? He couldn't even drive a car!"
I don't want to be frozen in the embryonic phase. I want the bright future that was promised and then snatched away.
Sometimes I wonder, what is current / next thing that's like the PC / BBS / early internet scene of the 90s, with such a rich ecosystem of innovation, hobbyists, open source / shareware, where one or two people in a garage have as much of a chance of changing the direction as any entrenched company?
At least from the outside, the bitcoin scene of the early-mid 2010s looked like that - although there was plenty of dumb hype about the "product" itself, there was also of opportunity for innovation with mining, exchanges, and trading setups.
What seems like it could be the next such scene?
OTOH... we now have sci-hub.se with high-quality professional scientist papers.