I actually don’t disagree with anything you’ve said. Any one ideology will end up stagnating. We see that totally free market is a mess and creates its own ruling class with its own form of oppression. Personally I think we need a flavor of capitalism where the rules that are supposed to prevent monopolies are actually enforced. Make FTC do it’s job. No bailouts, no lobbying, strict rules about campaign financing. Add universal healthcare and term limits for every government position and I think we’d be golden. We would need to keep an eye on regulatory capture.

It doesn’t have to be all or nothing capitalism or socialism.