"Oh, Immanuel, people don't care. Only the government does! That's why we should give all our labor and money to them! We aren't smart enough nor caring enough to manage our own resources!"
The people who do care would have spent their resources on caring for others, losing their edge in profitability and sustainability. The people who don't care saved all their money and have more financial leverage as a result.
No matter what, the world is going to be screwed up unless more than 50% of the people are inherently good and under a democratically ruled, socialistic regime, or a truly benevolent individual with superpowers creates a magnificent dictatorship. Since neither of those are going to happen, I'd favor the least painful alternative.