In this entire conversation
Imagined Utopia of Perfect Markets, not mentioned once American Capitalism, not mentioned once Soviet Command Economy, not mentioned once
Lets assume for the moment that I am talking about a system and how it should allocate resources. Can there be other systems? yes, can there be better systems? also yes.
Now, based on objective vs subjective morals and values (which is a dichotomy as far as I can tell), we have two types of systems.
1) Given objective values/morals => There exists an objective best allocation of resources and laws governing people and we need to find a system to achieve this.
2) Given subjective values/morals => There is no objective best allocation of resources and laws and we need to find a way to reach consensus on what is produced and what laws are enforced.
Capitalism is a type 2 system, it might be terrible at allocating resources but it does this by reaching consensus Communism is a type 1 system, it might be terrible at allocating resources but it does this by determining the best allocation Democracy is a type 2 system, it might be terrible at determining laws but it does this by reaching consensus Dictatorship is a type 1 system, it might be terrible at determining laws but it does this by determining the best set of laws
The first step is to figure out which universe we live in.
If we live in universe 1, we need to pick type 1 systems. If we live in universe 2, type 2.