The answer to the question is simple, because it is the solution we already implemented.
Our society should have elements of both capitalism and socialism, just as it does today.
The choice between capitalism and socialism basically is a choice between centralized planning of outputs or no centralized planning of outputs.
To produce candy bars, should central planning (aka 'the government') make the decisions about the flavors and contents and nutritional value of candy bars; or should thousands or millions of companies be allowed to make candy bars based on their own ideas and let the people (buyers in the market) determine which candy bars are most popular?
To produce tap water, should central planning (aka 'the government') make decisions about who builds water lines under ground and into houses and how big those pipes should be; or should thousands or millions of companies be allowed to run pipes of different materials and capacity underground all over the city and into different houses; allowing your every person in your neighbor to get water from different sets of pipelines and different providers?
The answer is obvious to most people. For candy bars, we want to allow capitalism and the market of supply and demand to produce the most popular candy bars. But for water, we don't want a hundred different pipelines running in one neighborhood because it would be terribly inefficient and expensive. Better to allow a monopoly on the water, but regulate that monopoly so they treat all buyers equally and don't charge too much.
When you don't know what needs to be done, or you don't have specific goals to accomplish, then you want to allow for a lot of innovation and capitalism works best.
When you have a specific goal in mind, and you know what needs to be done, then some centralized planning works the best; especially if there is a short timeline to get it done. In this case, a centrally planned socialist model works the best.
When you have a scarce resource that everyone depends upon, such as water or electricity, then a socialized system works the best, which is why every country in the world that has water for most citizens or electricity for most citizens uses a socialized (or heavily regulated) organization to handle the distribution.
When there is a service that any person might desperately need, but most people don't and thus don't want to pay for it, then providing that service through the government (aka, socialism), is the only way to make it exist. Such services include firefighters, police officers, ambulances, and military.
We already live in a society with elements of both capitalism and socialism; and we always will. A society that is fully capitalism is also a society with no laws because there would be no regulations to enforce and no one to enforce them. One hundred percent capitalism is no society at all because it would be complete anarchy and only the most brutal and powerful would survive. A society that is fully based on socialism would die the slow death of lethargy because fewer and fewer people would carry the extra load of work necessary to innovate and bring about improvements and changes as they witnessed more and more freeloaders enjoying their time in life while giving back nothing to society; yet reaping the benefits of the outputs of society equally.
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