It is good to incentivise stellar performances with higher pay, but for me personally, it isn't the reason I aspire to be good. I think I would do exactly the same thing in a "Star Trek-like" economy where everyone basically has the same standard of living. (Probably because I was born wealthy and am not pressured by fear of subsistence)
One thing people would probably stop doing is chasing wealth and career to the detriment of their private life, and that might be a net negative to corporate spreadsheets and economic growth, but probably a net-positive for society.
I say to both my leftist and rightist friends to please spend some time analyzing Scandinavian societies. They are much more advanced than us on a lot of social issues, and a lot of their successes are directly applicable to our societies, too.
One thing people would probably stop doing is chasing wealth and career to the detriment of their private life, and that might be a net negative to corporate spreadsheets and economic growth, but probably a net-positive for society.
I say to both my leftist and rightist friends to please spend some time analyzing Scandinavian societies. They are much more advanced than us on a lot of social issues, and a lot of their successes are directly applicable to our societies, too.