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This is the kind of shit champagne socialists say as they sit back at brunch. Do you have any idea not only how many casualties this would cause, but how badly it would set us back from evolving past capitalism?
How will the people surviving paycheck to paycheck, barely getting enough food on the table, going to survive? An economic collapse means food logistics cease to exist. You can't just go to the grocery store. What will everyday people eat? What will they drink when they run out of the chemicals needed for clean water?
Not to mention, the collapse would mean all logistics and supply chains stop working. You need a medicine by tomorrow afternoon or you'll begin to die? Whoops, we have no idea when that's coming in. Everyone who relies on medication to live will die. Even more who rely on it for quality of life will severely suffer. You'll have brilliant minds that are incapable of helping design a more equitable system because they're anxious wrecks. Any new injuries would probably be a death sentence.
Do you understand what this would mean? An economic collapse would be a massacre of the working class and anyone needing consistent healthcare. You need bright minds to develop a better system than capitalism. They'll all be dead or held captive by their own bodies.