My "proposed system" doesn't exist yet. I have no idea how it will look or how it will function, but I do know that it is coming. You cannot turn back time, and you cannot stop the tide of social progress.
If you study history you will see that human existence is a long series of revolutions, this is inevitable as any entrenched power resists progressive change and they usually resort to violence to protect their interests and prevent natural social evolution.

The question is, will the capitalist elite do the same? Will they force the hand of the peasants the same way the feudal nobility did? Probably, but not definitely.
Consider the fact that the best case scenario for modern capitalism is the slow degradation of the planet until the point where it becomes unlivable for human beings. The worst case is total annihilation via nuclear apocalypse.