If you're worried that a society lacking ownership, property, trade, money, hierarchy, laws, etc. wouldn't work: does the current system 'work'? Better to go with a system that might work than one that demonstrably doesn't.
Of course, any new system of this sort would require a complete overhaul of how individuals are conditioned, and would only work if all permitted citizens had passed the necessary tests. This is unlikely to ever happen.
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