The main issue being, our governments and society have made it clear that the opinions of those who hold Capital are far more important than the unproductive surplus. Our entire society now is based around consuming cheap products we don't need, because the previous cheap products wore out prematurely. The focus on a profit motive tosses aside great discoveries that are unable to turn a profit, while encouraging useless advancements that only degrade our lives.
IE advertisements make money, but I've never met someone who believes their life to be improved by ads, except for a minority of shareholders.
On the other hand, there have been many medical advancements all but scrapped because the lack of profit outweighed the human benefit.
The profit motive is incompatible with a robust society. I won't pretend to have the answers on what should be done and how to implement it, but I know that our current system cannot last forever.