What would the incentive to make such a device in a non-capitalistic economy?
I don't think you realize how much cheap stuff we have today in America?
If you look at prices today and that of 60 years ago and adjust of inflation we will see that a lot of the stuff of the past was more expensive then it is today. Heck we have a lot of things that would be excessively expensive back in the day. Our $200 cellphones would have cost millions of dollars for the same power. And they were paying a hefty price for the normal phones which we would be able to get for under $10.00.
It isn't that businesses are making things more expensive it is that we as a culture are demanding more things.
Back in the old days for your monthly bills
Mortgage, Car, Power, Telephone.
Today
Mortgage, Car, Power, Telephone, Internet, Cell Phone, Cable TV, Netflix...
Expected homes of the 1950 would be small 1000sq/ft homes. Once Car for the family, one Telephone and they will only call rarely,
For power they would power lights, heat, the refrigerator, washer and dryer, and a TV. All ran on AC power, and most when not in use were turned off.
If we were to live like we did during the 1950's we would have huge amounts of income stored up more then ever, because we would be living extremely modestly.
It isn't that things got more expensive they actually gotten cheaper, we just got more things.
Source: http://rss.slashdot.org/~r/Slashdot/slashdotScience/~3/dgOTte_KZDo/story01.htm
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