What conjecture? We certainly have the potential to do so now; it is just not done because it goes against the laws of the capitalist system. Artificial scarcity exists because it is embedded in the capitalist system itself. However the economic basis for socialism is already in place.What do you base such conjecture on, Khayembii Communique?
Employ the unemployed, reduce working hours, redirect resources away from profit-driven motives to need-based motives and there you go, didn't even have to go into any socialist mumbo jumbo about how a post-revolutionary economy would run.