A good idea, great on paper, but simply wrong. Why should I, a grocery store clerk, get the same pay as the CEO of my company? That hardly strikes me as fair. Also, it can never work in practice because it ignores the human desire for more. We will always want to achieve more, want a better quality of life. Now, some individuals may be able to completely submerge themselves in this idea, but without complete and total cooperation from everyone, someone would try to exploit the sytem, ruining for all. The only way to avoid that is to brainwash everyone into following this idea whole heatedly, without question, without doubt. This would require the removal of free-will, in and of itself wrong.