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What you are suggesting is an advanced form of communism. I'm not bashing communism - it's actually an idyllic system. Trouble is, it can never work. We've all been raised to think that communism is inherently evil. It's actually utopian. Everyone working for the good of the whole. But once that theory is taken off of the drawing board and put into practice, human greed takes over. There's always some greedy bastard that wants to be more equal than others. Some group of people would exploit your system, and arrange to take more of the subsistence-provisions of food / shelter / clothes, thereby leaving others in the cold unless they worked harder than everyone else.
Furthermore, you aren't taking into account expertise. This theory might work fine for janitorial or fast-food work - - work that requires little actual skill. But for more advanced work, you need to produce enough product so that you are good at producing the product.
That's why airplane companies like Boeing make airframes even if there aren't any orders for them. If they simply lay off the people who work the factory floor every time they don't need to make an airplane, they will lose all the expertise that was gained by the people who have been making the airplanes. And that's not even mentioning the designers of those airplanes. I personally don't want to fly around in an airplane where the average experience level of the designers and builders is around 5 years.
This would also affect us medically. Doctors who retire after 10 years probably wouldn't happen, because there would be little point in going to med school for so long if you worked for so short a period afterward. But even if a doctor stayed around after 10 years, he'd be using medical equipment made by newbies. Again, I really don't want my life to depend on a heart-lung machine that was made by a newbie, designed by a newbie, and is serviced by a newbie.
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