We live in a post information scarcity society and we still haven't moved on from capitalism.
Edit: Changed title to be more accurate.
Also here is the summary from Wikipedia on what Post-scarcity means:
Post-scarcity is a theoretical economic situation in which most goods can be produced in great abundance with minimal human labor needed, so that they become available to all very cheaply or even freely. Post-scarcity does not mean that scarcity has been eliminated for all goods and services but that all people can easily have their basic survival needs met along with some significant proportion of their desires for goods and services. Writers on the topic often emphasize that some commodities will remain scarce in a post-scarcity society.
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Unfortunately for the post scarcity information society, the capitalists are in fact moving on — to fascism.
Fascism is the violent reaction to the fall of Capitalism, just as fascism is on the rise, so is Socialism. The fight against fascism is critical, as that which replaces Capitalism will be either Socialism or fascism.
It is up to the Socialists to beat the fascists so that we don't end up down that dark timeline.