Unbiased person here, but it seems that some rooted definitions of some words such as socialism, capitalism, communism, democracy, etc., seem to be misconstrued.
Take an hour or so and research the philosophies of each of these.
It's complex. The best of philosophers have always been telling us that the best system, is in all blended systems. There is a solution, but perhaps not in our life times. We're looking and thriving for societal perfection.
Carry on? All philosophies work, but only if they work together.