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Also backward.
One doesn't need to "make money in order to justify ones existence".
Rather, one must justify one's existence in order to make money.
And while I won't argue the rather merciless nature of that system, I would add the perspective that this isn't a trait unique to capitalism, but rather any system of finite resources.
I think you confuse yourself with your own wording. Monetary value is justification in a capitalist system. It is how everyone is judged. If you can not make that money, you are considered a burden, no matter how much non-monetary value you may provide.
The system doesn't really care how you do it. That is the realm of human bias.
Yes, but there is intentional scarcity in a capitalist system.
We have more than enough technological development to solve most scarcity issues in the world... the problem is theyre not economically viable. Which is to say, they're not profitable enough. You don't (immediately) get more out of it than you put in. All you get is the safety and well being of the people in the system. Which is not the primary concern in a capitalist system.