Only, unlike the French System, there's a technological edge that allows it to actually work, namely replication (though there are others), so that basic needs can actually be fulfilled relatively cheaply.
This doesn't work today, of course, because basic needs, such as housing and medicine, are expensive, requiring huge amounts of time, effort, and resources.
Yeah, but haven't you ever wondered how replicators would work in the real world? How much would they cost to make? And what about the power comsuption and cost. And I won't even get into the software. I just hope it wouldn't be like Vista...
Originally, if they could indeed make replicators, I thought it would only be for
major major industrial uses. Maybe medical. But the kind of wide-spread uses in the 24th Century. I don't know...
Part of being human is that we need stuff ro do. This is why I really don't believe in wide-spread replicator use. Part of being human is that we need a reason to do stuff. Accomplishment, achievement, food, money, sex, it really doesn't matter.
I believe that the Federation is some kind of mixed-market economy that provides an effective safety net. They've educated the population to understand that nothing comes without shared sacrifice. Now, they are probably taxed at 50% on income, and maybe 20% on every sale. Given the scope of the Federation, the size scope and vitality of their population, there trade policies, and the starfleet, they have a robust economy.
But the Federation is probably wise enough to understand that beings aren;t perfect. People are going to do what they are going to do.
Remember, the do have prison;s in the Fedeartion.
There is crime, gambling, fist-fights, thievery, and prostitution in the Federation. One thing I'll give the Battlestar Galatica re-boot, they don't sugar coat it.