>>>Locally-owned businesses. That's socialism. There is definitely nothing in the definition of socialism that says everything is locally-owned. Moreover, that can be a way to end up with things like Redlining and other institutional racial issues.
>>>There is no value without labor. The great thing Marx did was show that everything could be converted to a value measured by labor. But, economists afterwards showed that once you have that conversion, you can do it literally with anything. We could have a system based on the number of bumblebees required to build a house. That is a normative judgement that labor is somehow special.
Now, our current implementation of Capitalism is clearly wreaking havoc on our environment. But it has brought the standard of living up across the entire world past a Malthusian cycle of more food means more people, means they eat the food, and we have starvation.
The same can be said for current implementations of Communism all across the globe.
Lastly, cooperatives may be a great solution for a lot of manufacturing and housing challenges. And when you get to the scale of a country, a co-op is just a government, and a capitalistic democracy feels a lot more like a co-op than a dictatorship or authoritarianism even with all its pitfalls. A populous who then really starts to demand through votes that we change to improve the blight of our fellow humans seems an even better place to live, if we can just get there.