Sort of like we used to have.
Unfortunately the Harvard economists gave people the idea that Russia tried privatization and it failed. It was never really tried.
I think these same economists advised the top Communists to grab all the good stuff for themselves. They did but never abandoned their old ways. They tried to run industries like they ran their old government departments. Couldn't grasp the concept of commerce being a mutually agreeable arrangement between buyer and seller. It is doubtful those Harvard economists really intended for democracy to succeed.
We have a lot less room for entrepreneurism than we used to, but it's still possible to start up a business in this country. I don't honestly know where these guys are coming from, given the poor state of our educational system, but the dot.com revolution couldn't have happened anywhere else, and I'm hoping that innovation and creative destruction aren't dead in America yet.