No, it is the very idea of Capitalism.
Have you seen any countries that use the capitalism method fail? I will watch addendum with Jouatt on skype later I guess, but it will probably not change my mind, I just want to see what makes you believe that something like this would be for the best. You can never get rid of corruption, never ever, and I am sure there would be ways to exploit that just as in capitalism, which has it's flaws, but is far better than the alternative.