Or you can look back on history, and look at countries who have done things differently, and realize it is by far the best system we have had.
If you want to live a full lifetime in peace and security and health. Be born in a democratic and capitalist country somewhere in the past 70 years, and you maximize that chance. Any other time and place and the chance of a good life drops quickly.
To other commenters in this thread, describing democracy or capitalism with words like "disastrous" or "complete failure" or "elite rule", please some perspective.