I haven't seen the terms come up in this discussion yet, but the concepts of post-scarcity economy or abundance economy are relevant. This article is more focused on the gap of why we aren't in a post-scarcity economy now, and I think there is weight to the thought that we all work so much now because the ingrained philosophy & assumptions of a old system that makes increasingly less sense in the modern world.

On a pure technology basis, does the world have sufficient resources to feed and house every living person? Or are the problems that prevent that economic, political factors?