It is futile to second guess whether or not humanity had to economically progress via the often-tortuous route of Corporate State Capitalism. That's the way it happened on this collective plane. Now let's look at where that path is collectively taking us. A fundamental contradiction in Capitalism is that it requires an increasing pool of worker's to compete with one another for high tech jobs that drain natural resources. When this cannibalistic cycle begins to close in on itself, Nationalist wars and Economic Depression result The successful implementation of Socialism requires a heroic struggle for control of the State apparatus, and positively transforming the mighty consolidation of modern State Capitalism.
Economic egalitarianism supplants the profit motive.
Karl Marx always stressed the necessity for Socialism to be implemented in at least one of the developmentally advanced nations first, before there could be a chance for a Global Socialist victory. Marx had Germany, possibly the U.S. in mind. He would have correctly predicted the ultimate failure of a true Socialist victory economically backward Russia, for example. A successful Social Revolution will be Internationalist in character, involving the collective transformation of at least one of the industrialized nations to begin with, and supported by a sane approach to population control. The nature of the State is a complex issue and bone of contention among both Capitalists and Socialists.