Since it Was your phrasing there. :-)
I'll split the labor with you, of playing Rousseau (Anglais ou Franc\ufffdise, un peu?). I'd think we'd have to ~agree first on the dimensions and some specifics of: what IS 'wrong' / dysfunctional now - before riding off in all philosophical directions toward YAN ---> Utopia. (After having perused the sourcebook on Dystopias, in recent weeks - I know better Why I do not believe in the attainability of Models (always appreciated why that Was folly, just know better Why, now)).
Let's see what Your list of defects is, since you accuse me of assuming you have none. I cannot summarize the general case of The World and All, except as philosophical masturbation. Useless - too high a scale for homo-saps; we lack the referents.
I never imagined you didn't have such a list, just - see your main posts as ever supporting, defending the present schemes and especially: Econ rubrics across the spectrum of their consequences. (Note: that is my impression of the content of many posts, not an opinion of 'what you might actually *think*' = that rarely emerges AFAICR)
Tit for tat, oh weaver of Devils Advocacy from safe neutrality..
Over.
Duplicating this at top, per request above, to escape any possible right-shift: Hey! a few others might have ideas in pretty little heads (?) It's too Big an issue to be left to mere Economists or humble Curmudgeons ;-)