I think there is a third path that could work even better. If you think about how money really works it first goes to those the bankers deem most worthy. Tech founders, producers of fine products, schools. It flows down a cascade of people's perceptions. If you really think about it money does not necessarily go to that which benefits society as a whole, it does somewhat, but it really the majority goes to those that have the perception of being the best from the perspective of a small subset of society. Possibly a more impartial and scientific method of deciding who gets money would be more beneficial instead of the whim of cabals of bankers.