What you are describing is often called market socialism and it is something very much worth considering, at least the libertarian socialist models of it. https

What you are describing is often called market socialism and it is something very much worth considering, at least the libertarian socialist models of it. https://en.wikipedia.org/wiki/Market_socialism https://en.wikipedia.org/wiki/Market_socialism https://en.wikipedia.org/wiki/Left-wing_market_anarchism https://en.wikipedia.org/wiki/Left-wing_market_anarchism https://en.wikipedia.org/wiki/Mutualism_(economic_theory) https://en.wikipedia.org/wiki/Mutualism_(economic_theory)