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I.e. Star Trek.
I like it.
That's actually what drew me to post-scarcity as a concept, then getting into what could actually bring it about. Reading Marx is what actually made me believe it was feasible, though I differ from him in that I believe that it is inevitable. Capitalism does have controls to prevent such a future given that basically every cost has to be justified with some sort of benefit, but we eventually reach the point where the difference in efficiency becomes so stark that it becomes impossible to justify large scale human labor. Ironically, to me, the end game of capitalism is the most prosperous communist society in existence.
I can see that. There's no particular moral reason why we'd order our economic system to reward wealth creation (or especially rent-seeking), but there has been a good practical reason. If that no longer holds, we should definitely reconsider. I don't think we're there yet, though.
100% agree, which is why I somewhat struggled with the OP's question at first. Short term, we should be largely meritocratic with controls to prevent the misuse of wealth. Long term though, technology is going to change how we view society at its foundation. Better to get ahead of it, work out the foundational theory, and push for it as quickly as possible. Now THAT is a pipe dream, but I'm hopeful for the near future.