I grew up as an enthusiast of free market capitalism without regulation (probably because my country was just exiting communism when I was 7 and I've seen what

I grew up as an enthusiast of free market capitalism without regulation (probably because my country was just exiting communism when I was 7 and I've seen what good free market reforms can bring). But over last 15 years I've moved significantly towards free market social welfare state. It's true that central planning doesn't work, and that communism doesn't work. It's painfully obvious to anybody who lived it. But capitalism leads to results just as bad if left unchecked for too long. It's just getting there slower than other systems. Even the rules we add don't stop it, they only slow down the gradual descent into oligarchy. At which point it doesn't matter what the rules are - because the oligarchs are choosing presidents, PMs and judges. Now I think the perfect economic system would be free market capitalism for 50 years, then a total nationalisation of everything, reshuffle and restart. Rinse and repeat. Capitalism is like a game of football that lasts forever. No matter what you do, if you're born into Real Madrid you'll win, because the score is already 1000000000-10. There's a reason we restart the scores after every game.