You're conflating minimum standards of living (a room to sleep in, food to eat, clothes to wear) with an end to all scarcity with maximum consumption. We actually don't need that much. The USA absolutely produces enough to feed, clothe, and house everybody -- we've simply decided that the market is more important than doing so. It's nonsense. Make sure everybody is fed, clothed and housed first to a minimum standard, then if you want to have wealth accumulation, fine, if you must.