This could work
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That's pretty much the same analogy I gave my older brother, but we still don't see eye to eye. There will always be jobs that nobody wants to do. Good luck reaching an agreement about who gets to suffer, just so the rest of society can function. Remove people's reward for hard work and ingenuity, and they'll only do the minimum required.
see Atlas Shrugged.
Hell, see the Soviet Union. Always did the bare minimum.