Besides the obvious lack of understanding of political economy, there’s repetition of a widespread misunderstanding of Trek. The idea that the Federation’s socialism is only enabled by replicators. Replicators aren’t invented until sometime between the TOS movie era and TNG, so the early 24th century. Earth is clearly post-capitalist by the mid 22nd. Vulcan had been socialist since the Age of Awakening, around the 4th century.