Yeah - right - and in a "truly communist" system everyone gets what they need and gives what they have to give.
But in real reality we all know it doesn't work that way, right? Well guess what - your little utopian capitalist dream doesn't work either. There are no capitalist nations where government decisions aren't at least partly - and at most entirely - influenced by the interests of a few rich who have the money to hire lobbyists, fund political campaigns, and make bribes.
I love how when the economy fails its always because we aren't capitalist enough.
Actually, it makes more sense if you look at it from a different angle. Here is a very simplistic way in which to look at how it would work if we got rid of the excessive regulations now in play:
Someone comes up with an idea - they start a company to market that idea - they hire employees to help.
Now if the product/idea is desired they can raise the price a bit to increase profit, if not they fail and everyone else seeks a new job.
If they underpay their employees then no one will work for them and help them produce the product to sell, the company fails due to bad management.
If the product is good, they pay their employees well, and they manage their finances well they thrive and can raise or lower the price based on the demand while maintaining their business.
However, all this fails if:
1. There is no competition because other companies cannot start due to excessive costs of getting licenses or the government decides to deny them.
2. They are forced to pay their employees more than the product will bring in as profits.
3. Other companies are able to use government contracts to stay in business in spite of a bad product, thus the government has to tax the successful ones out of business.
How does this happen, the government regulates the corporations.