> the economy is the embodiment of that fact and will just extract us as much as its can forever?

No it isn't. The economy isn't zero sum.

>is it possible to build and own our life instead of being forced to labor until near the end of life?

By "forced to labor", are you talking about having to work for someone else, or having to labor at all? It's clear that the former is possible (ie. start your own business), and the latter is a pipe dream as long as we're not in a post-scarcity economy