The systems that work the best are the ones that incentivize people the most to do the best for other people, and punish or otherwise limit others from victimizing themselves or others. These systems could in theory be in capitalist, socialist or in mixed economies.
In my opinion both corporations and the government need to be regulated. Corporations are regulated by the laws the government passes; the government is regulated by how democracy is set up, and if politicians don't get the votes they need they don't run the government. Since corporations are regulated by the government and the government is regulated by the public in democratic nations, all checks are in balance. But wait - there's more. Some people regulate the corporations simply by refusing to shop at certain stores, too. The power of money allows the checks and balances to be bought, and I've noticed that the companies who add the most value in my life tend to be the most successful ones too.
Of course, there is going to be conflict and disagreement on how victims are made, and which products bring the most value. The diversity of the marketplace to find exactly what you're trying to find is why websites like e-Bay and Amazon exist in the first place. I think most of us would agree that communism nor do other totalitarian governments work because the government is not being regulated by anything but the whim of the dictator. But anarchy doesn't work either, because nobody is regulating the individual and in an anarcho-capitalist society, nobody regulates the corporations and their wealth. And at the same time, right-authoritarianism may have regulation on business but go too far into authoritarianism and you end up in a totalitarian regime without the proper checks and balances on the government.
In conclusion, I would contest that everybody needs to actively participate and be heard and when they are a victim under any circumstance, it should be stopped. I agree with conservatives that hierarchy must exist in society, however, with great power there must be an equal amount of responsibility for the people in charge to produce the best results possible, for the most amount of people. And all institutions need to minimize the amount of victimhood they present on other humans. Of course, there is over-regulation too, where rules are made up that don't have a victim at play - religion is actually great with doing that. But overall, we need to establish systems of governance and the economy in a way that both prevents people from becoming victims and also allows people the most freedom to help other people as much as possible.
And honestly, I think most mixed-economy democratic republics are doing a pretty good job at that already.
