Asked on /his/ too but i might as well ask here as well.
Im doing my PhD (in STEM) but i really fucking hate academia. Not only is the pay shit, but everybody is miserable, and the current structure of publish and perish is seriously undermining scientific integrity. Ive also seen how politics and petty personal grudges can negatively affect the process of peer review.
So i talked to this with my supervisor and other students/postdocs, and while everybody knows that the system is basically rotten, no one really seems to know how to fix it.

So what would you suggest? How can academia be fixed? The Bachelor/Master/PhD system stems from the medieval catholic church, is it really still fitting for modern science?