They are, and because it is impossible to effectively plan centrally I argue for the abolition of States. Edit to add: or at the minimum, the abolition of central planning in States. Capital investment is critical to increasing productivity, by devaluing capital you destroy the capacity that is necessary to increase productivity and wealth. If by appreciation of people you mean enhancing their productivity and their wealth, then without capital investment that will not occur. Your system confines the worker to a life of drudgery and mediocrity for without the input of entrpreneurs investing their savings and or their talents, workers would be forced into relying on their own skills, abilities and wealth in order to gain any economic benefit. In the main they would not have the capacity to invest in new technologies to innovate because in your world they would not be allowed to borrow funds, sell shares, rent or partner with an equity provider to access or reduce the risk of buying new costly equipment. By restricting an individual's capacity to make their own choices about how they engage in meaningful economic relationships, you dehumanise the individual. Using the power of the State to impose your values on another. Edited for grammar.