You have to make a really strong argument why it would be suboptimal - and without spherical cow level microeconomic lies.
Crony capitalism only causes problems because it is not transparent who rules, while generating waste from those that don't and fail.
But corporatism isn't the answer, on even a superficial look. Crony capitalism generates waste from those who fail because they are locked out. But corporatism is wasteful, too, of those who in an open system could have tried and succeeded, but in corporatism are locked out and know it, and therefore don't even bother to try.
Well, that, and that there's really only so much practical difference between de facto intermingling of the public and private sectors and de jure intermingling of the public and private sectors. Both invite rampant corruption and abuse.
You have the thing where the government is trying to control, or at least closely guide, the economy. You have the thing where those who are close to power subvert that to line their own pockets. You have the thing where people are being discincentivized to work hard because they see that hard work benefits others more than themselves. Interestingly, in the USA, you even have the mass incarceration, which otherwise only shows up in the versions of socialism that hail from the other side of the historical iron curtain and from (yes, I realize what I'm about to do here, but please remain calm, but I'm only wanting to draw a parallel to some very specific things here, and to call attention to the fact that not all forms of socialism are leftist) Germany starting in the 1930s.
To poke at the USA a bit more, yes, there are still plenty of salient differences between the USA and nominally socialist societies. But it strikes me that the most salient one is that, in the USA, you have units in the grade school curriculum devoted to indoctrinating kids on the idea that they are most definitely NOT a socialist country. Moreso as an article of faith than as a matter of fact.