Imperialism, however, is self-defeating, and the rate of profit is lowering while there aren’t really new markets to plunder anymore. This causes crisis.
Potentially yes, but empires can last for hundreds or thousands of years. Democracy is relatively young by comparison, and we're already seeing large cracks in it in the USA, one of the older democracies.
The point being: humanity hasn't yet found a long term stable form of government.
It’s not particularly outlandish to orient the economy around collectivized production and distribution based on need, rather than profit. Socialist countries already exist, and achieve good results compared to peer countries. They require working class organization, which is a difficult but possible process.
I'm interested in your perspective on this. Which socialist country are you using as an example of what you describe above?