A 'resource based economy' (or 'RBE' for short) is a term coined by futurist and industrial engineer, Jacque Fresco.
In a resource based economy, the most advanced technology available to the species is used to automate boring and monotonous labor. Money is absent from the lexicon, and all resources are equally and openly shared.
If the U.S. economy were converted into a resource based economy, war, hunger, and poverty would vanish overnight.
See, 'The Venus Project' for additional information on how an alternative social system may be forged.