That falls in the category of political science, but some views about it could be considered philosophical. It depends on the context and focus.
There are some problems in there that would need to be addressed, but that's about the big picture. It takes a lot more investigation into idealistic ideologies in order to even form a coherent and cogent summation and response to it.
On the other hand, I do appreciate someone going into more depth about the subject. Political and economic systems are both complex and problematic even for those who study, teach and debate the subjects. However, public debates, (which I recommend) seem to help bring things into better focus by way of contrast. Diametrically opposed views can accentuate the fallacies and flaws in each and synthesis is possible in some cases.
I am getting to be more of a utilitarian pragmatist about politics and economics in the sense of doing what needs to be done based on the data and context of the situation and not just by following older paradigms and worn ideologies camped under certain labels.
I think that, (for better or for worse) there will be a shift towards a more resource-based system that may render aging political dichotomies and certain views on economics obsolete to some degree. That is because, even as we speak, algorithms are making more and more decisions and part of the reason for that, (see Germany's digital progress) is efficiency and speed. As the digital infrastructure rapidly evolves under the surface, so to speak, the Fourth Industrial Revolution will become extremely disruptive and too the degree that change will accelerate and older systems will give way. This is not going to take long now, either.
So, we can add a sort of ubiquitous, rather transparent potential for a technocracy to the threats that oligarchy and theocracy offer to democracy itself. Of those three, I think the technical changes have a better chance of fulfilling something along the lines of what the author is trying to get at, but it may be a "like or not" scenario since there are numerous variables and it is not at all a simple thing. Also, the impetus of weak AI may yield to strong AI and that is the big game changer and the dynamic chaos of rapid change will be a factor unlike anything we have experienced to date. It is clear that, as has been said in the industry, AI may be our last invention, so to speak. We have to wonder if the the apple falls far from the tree here and what chip of the old block we may get in the biases of those algorithms.
My point is that, in a tumult of an impending and accelerating transition like that, it seems rather difficult to extrapolate a workable socioeconomic system when the results may be obsolete while in the making. That is something to think about. I actually think we would be better off know more about that and preparing ourselves to come to terms with it before it is knocking on our doors.
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