But does it produce enough for every man, woman and child in a sustainable manner, and will it be able to keep up with the Malthusian population growth that would continue unabated if every person on earth was perpetually guaranteed to get "enough"?
The answer to both of those is no. While there is certainly a lot of inefficient busy work amongst the workforce of developed nations, to say that most people on earth waste their lives doing unnecessary work is an extraordinarily myopic claim that's been bandied about since that one guy wrote an article about BS jobs. Everyone latches onto that meme and assumes the majority of work being done is absolutely worthless, but they really have nothing to back that up except their own personal experience as a middle class corporate drone.
tl;dr Give everyone and their offspring guaranteed sustenance and the Catholics and Nigerians will take over in a couple generation. Nothing about the OPs post said give everyone enough wealth and force birth control so that they only reproduce at a replacement rate.
The surplus increases every year.
Every year, fewer and fewer people need to work full-time in mind-numbingly boring jobs to produce what the population needs.
So why do we keep up the fiction that everyone needs to waste their lives doing unnecessary work?
It's time to imagine how we could achieve a post-work society where more people could realize their potential, instead of being tied down to meaningless, mindless and unnecessary drudgery.