Now I can see why you're bitter.
I think the real problem your approach has, is the human element. It doesn't take much more than a tiny percentage of people in your system to mess it up for the have nots, while the haves in govt make out like thieves, because they are thieves.
Capitalism in and of itself has got a lot of issues, but when it's combined with freedom (like the freedom we have in America (well, used to have) it's supercharged! Which country are you from again?
The truth is that there is more than enough to go around for everyone. But unlike your system, it's not given to people. That's the one thing that trips it up for people like you, I think. The expectation that people should work. Hell, will want to work., because a job usually leads to self-respect. Your side operates on the opposite approach. Your side wants to appeal to those with no motivation and no self-respect.
Intellectually, your plan is outstanding. It just can't hack it in the real world.
Where do you stand on the nuclear family? Most with your pov want it dismantled.