It sure is. Beyond socialism, even. And it’ll happen, no doubt about it, it’s unstoppable. The only question is how much suffering will have to happen before we get there.
Capitalism will collapse, it’s guaranteed - there’s not really anywhere else for it to go. We’re already witnessing it.
We can either implement an alternative before it breaks down to manage the demise properly and sensibly, or we can just all hang around and watch it fall apart and crash and burn, causing a ton of suffering in the process.