There are great alternatives out there. EPIC by Nextec impregnates cotton with Silicone--purportedly without compromising comfort or breathability. The EPIC cotton just absorbs much less water. Ventile cotton also resists showers (although it will wet out eventually and be a pain to dry). Ventile is also expensive.
Personally, if fire safety is not a concern, I like a combination of (1) high tech underwear (ultrafine merino wool is my current favorite, but I also like Patagucci's Silkweight Capilene and Coolmax Alta), (2) a lightweight high loft insulating layer (Primaloft Polarguard), (3) a highly breathable yet water resistant shell layer and (4) a separate waterproof layer--usually a poncho in the summer and waterproof breathable garments in the winter.
If fire safety is a concern, then I prefer wool or cotton shell gear. I have an old Filson wool whipcord Cruiser, which is a great outer garment. Wool whipcord pants are also a great choice if it's not too hot.
All that said, I used to use and love ripstop cotton (my old jungle fatigues) for summer hiking. They had lots of pockets, absorbed sweat, protected me from sun and bugs and were comfortable. I did get some stares from sheeple on the trail, though

Eventually, they died and got replaced with better gear.