It’s not a dichotomy. Capitalism inevitably leads to oligarchy, and oligarchies are just authoritarianism rich people being the ones opressing the people. Both China and Russia ended up as oligarchies too, even though they started claiming to be ‘communist’.
A way to prevent authoritarianism is the division of powers, but that only works until the enemies of the people work together to take over all divided powers.
The only system that has proven to work in the public’s best interest so far is social democracy. But even that is hanging by a thread, as it requires higher levels of public education and better control over corruption to maintain.
It’s not a dichotomy. Capitalism inevitably leads to oligarchy, and oligarchies are just authoritarianism rich people being the ones opressing the people. Both China and Russia ended up as oligarchies too, even though they started claiming to be ‘communist’.
A way to prevent authoritarianism is the division of powers, but that only works until the enemies of the people work together to take over all divided powers.
The only system that has proven to work in the public’s best interest so far is social democracy. But even that is hanging by a thread, as it requires higher levels of public education and better control over corruption to maintain.