The correlation to the novel is limited however in our example. We're not talking about industrial complexes full of employees with vastly different market rates; we're discussing a 5 person team.
To abusively stretch a definition, "Communist" policies like this seem to have some success in very limited scope, such as family households. The other comments indicate it is apparent to everyone that as presented such a system would not scale to a larger organization. Such policies could be used as inspiration or a baseline to build scalable compensation plans that recognize individuals (or teams) that provide varying market value.