The current system is entirely sustainable. It does need reforms, but a regulated market economy combined with strong social welfare programmes is the best economic system we’ve come up with so far, by a very large margin. Planned economies were attempted, they universally failed.
The current system is entirely sustainable. It does need reforms, but a regulated market economy combined with strong social welfare programmes is the best economic system we’ve come up with so far, by a very large margin. Planned economies were attempted, they universally failed.
Markets are not unique to capitalism.
What you’ve described can be done with socialist organization as well.
Dem-soc alert