> Cards on the table: I think the vast majory of people would do less, and perhaps very little socially productive work without the current financial incentives.
I don't disagree, but aren't you implicitly admitting here that the vast majority of people don't want to spend their lives doing work? We get a few laps around the sun, once, before we return to oblivion. It seems a tragedy to me to force almost everyone into spending that brief spark of life on the drudgery of increasing shareholder value.
If you agree, would you then also say that it would be in humanity's interest to work toward a situation where people can lead happy, fulfilling lives? I'm not saying I have any answers, but I am saying that implicit in your own assumption is a problem that needs solving.