The monetary system, is an attempt to use money, and market price setting to solve the problem you describe - and that problem is essentially NP complete, so what markets and market price setting, in conjunction with an enormous number of local decisions made in response to those price signals are doing is trying to find a reasonably efficient approximate solution.
It's an untested assumption that the monetary system can actually do that without any regulation. There are good reasons to think that it can't, especially over long periods.
Completely agree about the involvement in local politics - it's easy to be an armchair economist, and ignore the reality that at the end of the day the single most important government function is that the garbage is collected regularly.
That's a massively oversimplified perspective on the completely broken political systems most of us in western psuedo-democratic nations live in, whereby resolving a lot of the systemic issues requires a lot more than a single individual getting involved in local politics.
Better to be involved and work towards the change you want to see, than to throw your hands up and despair over the "broken political system of our western psuedo-democratic nations".
That's the point of democracies - they only work when people effectively engage. Most people don't, but that's not a failure of democracy, it's a failure of society. History is rife with examples of single individuals and small groups who made massive change over time. The American civil rights movement, the Indian independence movement, the anti-Apartheid movement in South Afica...
You can work to make change and then bemoan anything you want, but if you choose not to engage, your words lack authenticity and merit.
Not quite:
"Money's a matter of functions four,
A Medium, a Measure, a Standard, a Store"
How does that translate to the billions that hedge fund managers "earn".
Overthrowing the system isn't on my bucket list, but it makes for an interesting debate - eg: https://medium.com/@RickWebb/the-economics-of-star-trek-29ba...
Additionally, if you do have over-abundant capacity to pre-manufacture well above that required "spike", then you need to a) use logistics to get it there and b) foresight of knowing where you need to get it to, and how much of it.
Otherwise, you'd have to have the ability to produce any arbitrary amount of it at the desired location when the need requires. By it, I generally mean all products.
Example. I work x hours and get paid y tokens. y tokens thus equals x hours of my work. I now go and buy a cutlery set. That was produced by n people over m hours, and is sold with p profit. My y tokens is equal to n * m + p, which is equal to x * y.
Money exists to make the n * m + p = x * y things workable. It's an abstracted barter system, where rather than having to work in Sony's programming department to earn a new TV, I can write code for other people, get paid something, and then pay it to Sony, who can equate it to the cost of a TV.
The doing all the things you talked about in the second paragraph is a management and distribution of labour issue, which is down to society and governance. There's many nations that manage those things fine, and have financial systems. The issue is with a society that isn't able to provide those things, because the values held and the outcomes desired are fundamentally opposed.
If you want to fix something, get involved in local politics and make a difference.