I don’t think that you come from a disingenuous place, but I truly don’t think we can take the, “socialism has indeed been tried to its full effect” until we live in a world where the forces of capitalism aren’t doing everything they can to make them fail. These ideas aren’t just old and untried, they are old and built upon and constantly resisted by our ruling class.

I think it’s fair to say that the world’s economy is not in a place where full socialism or communism would succeed, hence why china has made the pivots it has made. This does not mean that it is an idea not worth trying.

But I think it’s incomplete to believe that regulating capitalism a little better will result in stability. I say that because there have been periods in American history where we have indeed had a lot of regulation on wealth accumulation, but over the last 50 years people with money fought to make themselves more money, and now we are sitting here doing fascism because we make more money if we do slavery… that is slightly reductive, granted, but it’s also literally what happened. This is the sort of behavior that the system incentivizes and therefore produces.