And I would tend to argue for the reverse, a capitalist basis with strong socialist aspects.

But that is precisely what should be at issue, i.e. tinkering to get the right balance, not throwing out one or the other.

But getting the perfect balance is tricky, demands constant adjustment as circumstances change, and will never be perfect. 

And as explained in the article, it is particularly difficult now due to the huge imbalance between the rapidity of technological change, and all the factors which make governments slow to react.