I'd put a socialist system in place instead.
My idiosyncratic socialist system would still have economic inequality and be competitive, but it would ensure that everyone has food, shelter, health care, education, transportation, etc.
I have no inherent love for democracy. I couldn't care less about governmental structure in that sense. What I care about is the laws we have and the economic structure in place. I'd be fine with a monarchy or dictatorship (or an oligarchy or whatever) as long as I agree with the laws and economic structure instantiated. Democracies are no more inherently likely to have laws and economic structures that I prefer.
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