Elvia Wilk (2018) interviews Heidenreich: "The Economy of the Future Won’t Rely on Money" https://onezero.medium.com/the-economy-of-the-future-wont-rely-on-money-5a703e0ad30b The point being that in a normal economy highly desirable and scarce goods and services will command higher prices, and people will have to prioritize their resources if they really want them. In a communist society there is no money, hence there are no prices, and allocating those desirable goods and services can only be done by decree. It is a popular saying that capitalism stimulates innovation. I also read and heard many times that any non-capitalistic country will always and inevitably lag behind in innovation. I am not sure that this is entirely correct. My interpretation of your question: "How would life look like, if it's even possible, in a society where people aren't paid anything that serves as a medium of exchange?'

People would not need to worry about bills and housing to pay because otherwise the companies will cut the service;Long story short, in the absence of prices the central planning organization cannot possibly know what is the utility to be associated with each and every item that could be produced. What they will have to do is make arbitrary choices, with zero hope of ever getting it right... It is also worth considering that for the most part of human history, people worked without being paid any money. Salaried jobs (with salaries paid in money) became common only after the Industrial Revolution. And even with salaried jobs being the norm today, a significant amount of work 1 is done without being paid: Domestic labour, child and elderly care, volunteer work, hobbies, and so on.

Azis, Haris; Li, Bo; Wu, Xiaowei (2019-05-22). "Strategyproof and Approximately Maxmin Fair Share Allocation of Chores". DeepAI. arXiv: 1905.08925. You need a species that is motivated by something other than personal wants, one with a shared desire/goal that is so powerful that it overrides anything else and doesn’t tolerate competing desires — someone that expresses a desire for a personal benefit that interferes with that goal isn’t a leper but leprosy itself, killed without thought. Smith, Adrian (2002). "Culture/Economy and Spaces of Economic Practice: Positioning Households in Post- Communism". Transactions of the Institute of British Geographers. 27 (2): 232–250. doi: 10.1111/1475-5661.00051. JSTOR 3804544.But he also warns that technology alone won’t create a post-scarcity future. If we’re not careful we could end up like the greedy Ferengi, who charge money for the use of their replicators rather than making them available to everyone. This is not something that will be solved by more gizmos or more iPhones,” Saadia says. “This is something that has to be dealt with on a political level, and we have to face that.” Depending on how you pay, this record may be more or less extensive and may be visible to a few or several organisations. It may comprise information that shows who you are, where you were, how much you spent, what you bought and from whom. Your smartphone might reveal just as much information, if not more, but it’s still possible to leave your device at home, or even go without one. The equivalent choice won’t be available if cash goes. between three and six hours per day on unpaid care activities, while men spend between half an hour and two hours. Even if we disregard the gender implications and focus on unpaid labour only, we will see that on average families spend between five and seven hours per day on unpaid care activities, which is only slightly shorter than a typical 8-hour workday.

Such system works worse if people are diverse and complicated in their needs and wants. Which will encourage the authorities to try to make people more standard in their needs/wants. The easiest way would be for the Government to get rid of non-standard people, to bully/brainwash them into behaving like the general population, or just left their needs/wants unfulfilled. Like chronically ill and disabled people will have needs/wants that are different from needs/wants of an average Joe, so the government can decide to heal them once and for all, ignore their problems, or even to kill them. Such society will see being different as deeply problematic, people will feel ashamed/depressed for being different. Private business frequently focuses their research on consumer products that can bring profits and increase the company's value. They are not concerned with the public good and even if they are a responsible company and they have some considerations it is not their top priority or primary goal. It is even possible to argue that while capitalism indeed led to the increase in the quality of life short-term it is also responsible for the massive decrease in the quality of life in the future due to the harm caused to the environment. Is there no responsibility on people to care for items and not smash them because they become enraged? A moneyless society is a very utopian idea. Nevertheless human beings were living in a world without money at some point in the past. According to Wikipedia money emerged already around 12,000 BC. Though the first coins have been created quite a bit later. As many other concepts such as insurance, banknotes have first come up in China. The first banknotes were merchant receipts of deposit in the 7th century. Is a moneyless society possible?

Within the presupposition of division of labour, the product, the material of private property, acquires for the individual more and more the significance of an equivalent, and as he no longer exchanges only his surplus, and the object of his production can be simply a matter of indifference to him, so too he no longer exchanges his product for something directly needed by him. The equivalent comes into existence as an equivalent in money, which is now the immediate result of labour to gain a living and the medium of exchange.” Bureau of Labor Statistics. "Occupational Employment and Wages, May 2012: 31-1011 Home Health Aides". The other form of home-based nurturing also serves benefits society as a whole. Care giving provides assistance for those who are elderly, disabled, suffering terminal illness or chronic illness, or are generally frail or in need of assistance. Someone who cares for someone in any of these positions is a caregiver. This is largely provided unpaid by friends or family of the patient. The need for money is therefore the true need produced by the economic system, and it is the only need which the latter produces. The quantity of money becomes to an ever greater degree its sole effective quality. Just as it reduces everything to its abstract form, so it reduces itself in the course of its own movement to quantitative being. Excess and intemperance come to be its true norm.

Which means no one can fix the machines when they start breaking down... because that depends on the innovation your society cannot have that would permit even the possibility that everyone could work for free. Living or traveling without money and adapt your life to this is a huge personal challenge. You really embark on an exploration by living this way. But how would it be of the entire society or even just a community would be focused on a moneyless existence? Said differently: a world without money, how would it be? Would it be possible?Some writers claim that this abolition of money had, and still has, negative consequences for Cambodian society. For instance, an article by Sheridan Prasso (eastwestcenter.org, January 2001) claimed that, although money had by then been in use again in Cambodia for over twenty years, its former abolition had made people there distrustful of money, hence their preference for US dollars or gold and the ineffectiveness of the Cambodian financial system. More recently, Anirudh Bhati (mekongresearch.org, 19 June 2018) has argued that Cambodia under the Khmer Rouge had no money, private property or trade, and states that ‘without money — and therefore without effective trade — there is no possible freedom.’ As can be seen, supporters of capitalism have sometimes seen the abolition of money in Cambodia as an argument against socialism, against the very idea of a moneyless society based on free access. In a normal economy, the interaction between supply and demand works as a distributed information system which by and large makes sure that producers allocate resources to what consumers actually need. Humanity creating virtual scarcity by prohibiting people from sharing that what costs nothing to share meanwhile pretending that material resources are endless and can be exploited infinitely. Organizations that administer time banks, barter networks, or currencies may register for tax-exempt status under section 501(c)(3) as non-profit organizations working to benefit the community. [33] The IRS has recognized some time banks as tax exempt; it is harder to obtain exemptions for a barter network or local currency, as they are harder to prove as operating purely on a basis of service to the community. Altruistic society: as proposed by Mark Boyle, a moneyless economy is a model "on the basis of materials and services being shared unconditionally" that is, without explicit or formal exchange. [31]