A good alternative to the current system of pre-publication peer review would be post publication peer review. The former, or one pass editorial review, is how

A good alternative to the current system of pre-publication peer review would be post publication peer review. The former, or one pass editorial review, is how scientific publication worked almost universally pre WW2. There are many scientific disciplines where everything important happens in preprints and publication in a journal is for archival purposes more than communication. Economics, Physics, Mathematics, Political Science, Genetics and Genomics, every discipline with substantial coverage on SSRN or the arxiv works on post publication peer review.