I've worked in my share of union shops and, quite frankly, have seen a microcosm of socialism. Meaning, the diligent and hard working "class" end up covering for the dead wood....yet, they're all incentivized equally. In these types of situations, I've also seen plenty of resentment and contempt from the "good guys". Kinda sad, really. In most every case, I had been in a management position, so I had to engage in more than my share of "righting" the situations. Many, many pep talks, disciplinary action, and the like to the bottom-dwellers.
I get it that we don't want greedy CEO's and such lining their respective pockets. We've had this conversation before, but I'd love for more companies to co-op themselves...and provide incentive structures that breed hard work, team players, and/or innovation.