it seems to be working quite well in the present, if you look at china

Capitalism is failing us right now. Why are you looking in the past?

Late-stage capitalism has always worked out so well in the future.

> Yes, because communism has always worked out so well in the past.

Yeah, won't anyone think of the poor oligarchs, openly fantasizing about creating a permanent underclass?

And the only thing that didn't work out well in the past was central planning by state-owned businesses with 20th century technology. The structure I proposed is nothing like that.