As a famous statesman once said:

Capitalism is the worst way to run a society, except for all the rest.

Yepyep!

Unfortunately many people believe there is an authority on how to meaure bad, and appeal to that authority. Frequently used is the democratic ethic or the technocratic/oligarchic ethic. My supervisor has said "I believe that the [democratic] state is the least bad solution that we have."

But least bad is of course best judged on an individual level, and I found his conviction in statism absurd. He fails to inspect the ideas that come from proclaimed authorities on the matter.