RE: Profits Are Not Confiscated Product
I get what you're saying now. So everyone works for free, everyone consumes for free. I see two possible issues with this.
First, some goods took more raw material and effort to produce so there will always be goods of which there are fewer (more scarce) per man-hour spent producing them.
Second, your proposal demands that people be other than they are. If people were other than they are, there are any number of grand ideas of how a society maybe ordered; however, human nature is as it is. Any system, in order to function (at all, let alone perfectly) must take into account both nature as it is, and human beings as they are.
This is just a recipe for a massive tragedy of the commons; the most desirable position for any individual within such a society would be to consume as much as possible while producing as little as possible, with no ownership stake in the commons goods -- and thus no motivation to maintain them.
As long as such an individual can count on Everyone Else doing THEIR part, he has no need to do his.