Many fields have developed work arounds to peer review in the form of working papers, preprints and conferences. That this is necessary suggests that peer review be burned to the ground and the ashes sown with salt.
https://www.stat.cmu.edu/~larry/Peer-Review.pdf
> The refereeing process is very noisy, time consuming and arbitrary. We should be dissem- inating our research as widely as possible. Instead, we let two or three referees stand in between our work and the rest of our field. I think that most people are so used to our system, that they reflexively defend it when it is criticized. The purpose of doing research is to create new knowledge. This knowledge is useless unless it is disseminated. Refereeing is an impediment to dissemination.
...
> Some will argue that refereeing provides quality control. This is an illusion. Plenty of bad papers get published and plenty of good papers get rejected. Many think that the stamp of approval by having a paper accepted by the refereeing process is crucial for maintaining the integrity of the field. This attitude treats a field as if it is a priesthood with a set of infallible, wise elders deciding what is good and what is bad. It is also like a guild, which protects itself by making it harder for outsiders to compete with insiders.