I get the history as to why we got to our current economic situations, but no one is arguing for a system that casts off current economic issues that are pushing humanity towards destruction. I’m not saying this can happen over night or even within our current life time, but it’s obvious that capitalism and even socialism has reached the end of their usefulness.
No.
First we need a better system for resource allocation. Monetary systems are extremely inefficient, but they’re far better than the “trust me, bro” approach of many of the alternatives.
A global post-scarcity society could in theory take over, similar to how it works in Star Trek, but there are a lot of other hurdles that need to be overcome first.
As long as proper distribution of resources requires an effort, it will also need an incentive to do so. Currently this incentive is provided by allowing for a profit margin, and while this does also provide a mechanism for skimming off the top, at least said skimming can be somewhat controlled by a free market ensuring better circumstances for those willing to skim less.