Thats what we supposedly have today. As you can see, that doesnt help either.

Leftist and extreme leftist concepts are mostly shown to work. Things like universal basic income for example. Horizontal organizations are the same. They already work. It is caputalism that just lies about it.

Regulators over hierarchical media do the same tomorrow that they do today: small numbers of people are easily corruptable and are proven to be able to censor information critical to governments or their own beliefs and flaws.

You just have to look at independent media today. Look at 404 for example. There is no need to censor them because its their professional ethics and horizontal system that gives them credibility. Sites like allsides are much more helpful in that case.

Imagine a world where every media company was structured like 404 and the rest was independent journalists on their own. An outlet like foxnews would no longer be governed by profit interested monorities. Of course most journalists on there have conservative ideology. Still, they would be bound to work in democracy which means that a majority would have to sign off on lies if they were to be published. That is a significant hurdle and also is unlikely to happen because they would be easily disprovable due to the significantly smaller size without the billions in assets.