There have been many such economies in the past. The biggest issue is the concept of creating demand as a profession.
Or current "Constant Growth" model is actually pretty much an aberration among all the various societies than have existed and also has a history of crash & burn cycles.
A couple possible examples.
I've been shaving lately with a razor that was made in 1919. It provides as close and comfortable a shave as any modern razor of and technology. It is also beautiful and been used by at least three and maybe for generations of my family.
BUT it's still working just fine. It's never needed repairs. I change the blades when they get dull but that is the only disposable part.
We can build things that last. But instead we seem to operate on the "what can I patent that will make all the old stuff obsolete" "let's drive consumption" model.
Making stuff that lasts does not preclude change or advancement BUT when change and advancement exist only in the marketing Medicine Man pitch can we really afford it?
With the ever increasing advantages offered by technology is there any good reason the US should not move towards a Progressive Manor Estate society? By accumulating the wealth in the hands of the Elite, those who have demonstrated that they are the most suited to rule, we could achieve a functional stable society for all where Trickle Down will actually work.
With the adoption of online ordering and direct just in time delivery coupled with the Smart Home that can track everything including whether or not someone is in a room and if so, adjust light to the appropriate level for the current activities in that one room; track available foods to make sure there is sufficient quantity and diet appropriate foods for each resident at a given location the needs of the peoples could be met in an efficient and orderly manner and reduce waste to near zero. Ubiquitous computing would even be able to adjust meals to suit the individual needs of each unit and also monitor to make sure that the proper unit consumes the foods.
One advantage to consolidated wealth is of course that the wealthy require more services than common units so there will be a higher demand for services like Footman or Best Boy, Waiter and Server and Butler; Ladies Maid and Gardner and Fancy Women.
As we consolidate all retail into a few regional distribution points we would open up most of the current real estate to re-purpose as Unit Housing.
Allowing the Elite to use modern computing technology as well as direct just in time delivery to appropriately distribute all resources needed will keep the units functioning at an optimal level while reducing waste as well as improving overall US environmental conditions. No unit would need to drive an individual vehicle to go shopping or to work rather the same system used for just in time delivery could also be used for just in time pickup and delivery for those units needing transportation over a greater distance then by walking alone.
It seems to me that by adopting a Progressive Manor Estate society as our goal the US could create an orderly stable society where ever unit knows it's place and is valued and replace outmoded inefficient systems such as we use today with ones suited for the 21st Century and flexible enough to change rapidly based on actual hard real time evidence.
And if they are in prison they are already productive workers making license plates and taking mail order over the phone and online. Its a great source for online tech support and they should be doing that any day.