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It's hard to comprehend what 8 BILLION people really means as well. All of these social systems. Religion, governments, anarchy, empires all existed before there were even one billion people. Before globalization, before instant communication. During the fascist revolutions in China in the 70s there only a third that many people on the whole planet and no one had a cell phone.
Capitalism is failing because it's a pyramid scheme that's becoming flattened by the monstrous scale of the base. It makes it so clearly obvious what's going on now.
I feel like most of our attempts so far aren't equipped for the scale we're talking about. I hope someone with the resources to help can figure out how to educate the right people with the right perspective to come up with an alternative.. but probably not in my lifetime. Which is a bummer.
We definitely need to figure out how to average out the access to resources and influence. Lots of people think I mean communism but I don't. That's an old idea that we should consider borrowing from though.