It’s one of those things I’d love to see done as an experiment

I believe you've got a fantastic idea here, not only to see how this one idea pans out, but to learn how we might build a better society. There's little reason we couldn't simultaneously have multiple test centres, each using a different system. Scientific method 101.

China famously began its modern transformation in the 80s by creating Special Economic Zones. These were cities where many of the economic rules for the rest of the country wouldn't apply, and where new theories could be tested. There's no need to agree with the goals China was pursuing, and for-better-or-for-worse have subsequently achieved, to acknowledge the method is brutally effective.