Of course including this system, it would be better than anything out there now but still would not be perfect, and you know why? Because of human nature we are a greedy and envious race and I think sometimes we would rather be down the crapper ourselves than see someone making it good.
As for your article, it's about the same thing of course socialism doesn't work, nothing works, look at capitalism, feudalism, communism, monarchism all of them have one thing in common, the people at the top take advantage of the majority at the bottom. How? They control production, have a big army and that's it. And lately it has gotten even worse, we had a more equitable society after WWII with a growing middle class, but then new policies started coming out like neoliberalism and all of a sudden the new middle class are the poor and we have an incredible amount of billionaires who have taken advantage of a lot of loopholes, and this is all over the world, I'm from Honduras a very poor country and even we have our billionaire and a few others who are close to getting there, but our middle class has disappeared most of us are only poor. Same thing all over Latin America, and it's not a left- right thing it's an us vrs them (with them being the elites) and they are beating the crap out of us.