There's a famous quote attributed to Churchill: “Democracy is the worst form of government, except for all the others.” The only way we'll find better ones is if we keep exploring.
It's not so much that I want more or fewer regulations, as I want to explore systems other than market-based incentives. I'm not sure that regulations + free markets will get us to a place where people aren't addicted to video games, eat healthy, exercise, have quality education, and generally lead the good life. In 1930, there were a lot of ideas for how to get there, and a lot of those seem plausible. I'd like to see how some of those play out in practice.
I'll mention that I'm aware of where China is with regards to labor practices, freedom-of-speech, and so on, but with regards to public health systems, China is way ahead of the US. Everyone has access to decent, affordable healthcare. It's not at the same level as $50,000 procedures in the US, but it's good enough, and everyone has it.
It's also not really fair to compare countries with $64k per-capita GDP to ones with $10k per-capita GDP. It's even more unfair if one considers where the per-capita GDP was a decade or two ago. 25 years ago, China had a per-capita GDP of under $1000 -- that's less than Nigeria today. I think that's a more fair comparison between systems of government. Would you rather live in Nigerian democracy or Chinese CCP? That's not a loaded question -- they're quite different.
> Oh good grief.
Islam has a lot of good ideas too. For example, it has a wealth tax, and it discourages debt-based economies. You don't need to swallow political and economic systems wholesale.