I know you fiercely hate Gene just like half the TNG writers who couldn't write cheap drama the way they are allowed to now but you are still wrong even if he wasn't perfect at the details. This is still an art form and fiction even if it's fiction about part science so even if a full description of the financials of such a future is hard to come by you have no right to shit on it just for that because you can still make beautiful stories without getting all the details perfectly.It was created by someone with no grasp of economics.
At the end of the day this whole era of Trek is an obvious cheap money grab to make yet another cookie cutter "the future is evil and it reflects current year" franchise and it manages to become worse than even The Expanse and we know for a fact that the creator of the reboot of Battlestar Galactica who had worked on TNG said "I would not do the same treatment on Trek because it is not Battlestar Galactica".