Haven't read the book but it sounds like it has some ideas in common with Plato's Republic. That is it looks good on paper but would have a good deal of trouble working in the real world. I understand the Pilgrims found that out quickly. They had a communist type society at first where everyone shared things in common, but it failed. Turned out there were some who felt, "if I will get an even share of x whether or not I do any work then why should I do the work?" Of course that meant that someone else had to pick up the slackers share of the effort which I'm sure went over about as well as a lead balloon.
We humans don't tend to play fair if we don't have to.