Soviet and planed economy truly sucked, so an anarchy style laissez fair market is the only other viable option? Why do something equally retarded in the other

Soviet and planed economy truly sucked, so an anarchy style laissez fair market is the only other viable option? Why do something equally retarded in the other direction? Reasonable regulation is the only way we can hope to achieve a decent balance in a social democracy. Something that arguably works pretty well here in parts of the west.