Abolish the overtime exemption for computer systems analysts, computer programmers, and software engineers. Make it unprofitable to extract labor until someone dies. All other actions are impotent.
Most western countries are democracies because people got fed up of being exploited by dictators (sometimes called "kings"), removed them and setup a system in which they elect who makes the decisions. This system has issues but is less bad than dictatorship.
Yet, companies kept their hierarchical power structures.
Workers should decide who makes the decisions. If they don't wanna invest time into selling their product, they hire a salesman. If they want somebody to make long term projections, plan what gets worked on and communicates with other teams, they hire an assistant. And they decide how much he gets paid according to how much value he actually brings them.
Managers should be assistants.
Don't let a bad implementation ruin a good idea. Instead, look at what specific ways the implementation fails to learn for next time.
- A bunch of examples here: https://old.reddit.com/r/cooperatives/comments/p23rxr/what_a...
- Some more: https://en.wikipedia.org/wiki/Common_ownership
- Oxide computer company - idk how exactly the ownership works but AFAIK all workers except sales have the same salary.
- The early idSoftware AFAIK worked similarly with all 4 core gamedevs getting paid the same
Note that nothing says everyone has to get paid the same, it just ends up happening in some examples.