I think this is a fundamental and perpetual conflict that is reflected in many aspects of the Human condition, in this case, how we organise ourselves politically. We can see this in actionon the forum as many different Left/Right arguments - the debate between Libertarian, individualist ideas in opposition to those that are more concerned about the welfare of the larger group, the “selfish Ant”,or the colony perspective, Capitalism or Communism etc.
I know this is a bit of an over-simplification, but taking the last case as an example, each lacks something the other has; Communism would appear more equitable, but lacks incentives and dulls apspirations perhaps - whereas the failing societal safety nets of Capitalism and rampant greed are causing their structures to crumble, just as Communism’s has in the past. The large Communist systems now recognise the “incentive” problem and have adapted their systems to take on board aspects of Capitalism. Capitalism is now failing because it no longer looks after the interests of the larger group - wealth is concentrated in the top 1%.
As I said, a massive (maybe wrong) over-simplification, but I’d say that Russia/China etc now have the upper hand - their systems have adapted, ours are about to collapse. This is why a “middle way” that addresses the satisfies the Human competitive drive, but also functions as a group caring for one another - just Capitalism with a cap on what people can reasonably “own” would probably do it, along with sorting out corporate tax avoidance - it would eventually have a similar effect to a guaranteed minimum income I believe, only actually puts the horse before the cart.
Sorry…waffled on a bit…