You make great comparison with communism - Ive lived through it.
You know where that lead to? Very, very small group of people (politbyro, but you can call them papacy aswell), who knew each other held responsibility for redistribution of wealth (social justice, but could be called salvation) in the name of the state (god).
These men were very close to historical definition of demi gods. Tasked to administer collective means of production and development, since private property was not really an option. At different time periods taking or protecting lives seemingly at whim.
Democracy, that westerners taky for granted is quite fragile thing, tied intimately to the relationship between means of production and its owners. Take common men out of this equation and their role in the political system will diminish aswell. You are right, you would be probadly well fed and clothed in such system (as it will be obligation of upper class in such social contract), however ultimately you would lead a life of pet in a nice cage.
I am not forcing this view on you, just sharing my experience and perhaps hoping it will make you think.
THAT IS WHERE THE ANSWER LIES!
The problem is in fact what you've lived through and what USSR knew has never been communism. Yeah we called that communism but it was not. It was a simple and plain oligarchy with a group of people having all the powers.
But you'll tell me, it can only become this. Socialism and communism can only lead to that as the state will take more and more and "redistribute"... But only a few people will decide how it is redistributed!
WELL NO!
There is a solution now! Direct democracy.
Imagine this: a country with high taxation where the people rather than elected a king for a few years who will decide everything, people actually vote directly the laws and the budget.
Then there is no politbyro as you say. Because we all give and all decide equally.
That can sounds as an utopia but... Technologically it's fairly easy to do. What is really opposing that?
Cracked5, I have personal experience in communal politics - which is direct democracy, was so even in USSR era. And every time, even on the communal level the decision process was hijacked by one, two or atmost five people through charismatic individual or backing of some shady baron. Essentially turning rest of the people into good looking bystanders. That goes for "new parties" like Pirates aswell.
But dont believe me, rather let me show you something.
This is number of bill and laws introduced by US congress. Every single of those has A LOT of text and interdependancy on already existing rules. You want to force population to vote informatively on every single one of them yes?
This is only the fraction of bills that are actually passed on into legislature. It would be far more in case of failed projects. Your solution to natural centralization of power is therefore to let every single citizen vote on three laws per day? Ive seen that in Pirate party. Less than third was active, usually divided into two camps - increasingly radical, marginalized opposition and ever vigilant group concentrated around charismatic leader - hilariously the two camps did not define themselves by any ideology anymore, but by personal feelings towards elected leader. Average Joes barely able to atleast read through all the instristically written text focused on giving one particular agency leverage over the others.
I hope, I wont offend you, thats why I am not here. But you are not offering something new, it was all tried before. Even by bolsheviks in Russia before all the terror started. Dont take my word for it. Look it up.
Unlike what you believe - it was communism. Private ownership was all but abolished and all means of production were controlled by elected individuals (and eventually tightly knit clans, Game of Thrones style). The rest was direct result of it, not vice versa.
If you were religious (I know you are not), youd by now undestand, that there is no such thing as perfect system, as it would deny the very nature of human existence. System that would duke out moral battles for individuals, would also deprive them of their humanity, which I saw with my own eyes in my youth.
If you want to know what direct democracy with everybody equal means, forget bitcoin for just one minute and google "Lord of flies".