In a fantasy world, it might work....might...
As far as "work is not natural"...life IS work. Whether you are toiling to work crops or herd and feed your livestock...gathering fruits, fishing
or hunting...life takes effort. Fishing and hunting might sound fun until your life depends on it. A day or two of no fish or game and it won't
feel all that fun anymore.
Forgiving and eliminating debt won't work.
I take that back. Even if you did forgive everyone's debt and reset everyone to zero...debt would still happen. Do you have enough cash to buy a
home? For most people, it would take many-many years to save the money to outright buy a home...or even a car. If you "need" these things right
now, you will go into debt for them...a promise to pay.
What about municipal and public works that people need? A bridge or sewage system. The town or gov agency doesn't have the cash in it's pocket for
these things. It promises to pay in the future for these things based on expectations of the future's revenue collections...this is called deficit
spending and it IS debt.
There is never going to be a time without debt for some or most of the people. We have evolved the entire world to live in the here and now. Most
people do not want to hunt and gather their food so they work. Workers count on their employers to pay them. Employers count on people to buy the
products their workers made. The employers have to pay for the products made this week...this week...yet those products might not sell to next week
or the week after. So...they get a loan in anticipation of the future sale of the products they made this week. That loan that pays the workers and
allows them to buy things is debt. We are all bound by it and to it.
I don't have to like it to realize that this is how the world works...