Its working out quite well in places like Germany, Norway, Canada, Denmark, Sweden, Switzerland, the Netherlands, etc.
And no, $2.6 million/year jobs are created by exploiting the labor of a lot of people. The recipients of the money are bringing labor to the table, you know, that thing that the extremely wealthy exploited to arrive where they are today. Everyone has their own agency. And the quaint tripe that "others don't he the absolute right to your labor" primarily applies to those with power. When a persons choice is to work for someone or starve in the streets, that is no real choice. As the wealthy accumulate more wealth and more power, this situation gets only worse, and the protection we have counter it is collective action and government regulation. Are you going to continue to blindly follow cute slogans while the middle class in the country continues to erode as those with the resources continue to hoard them and drive salaries down until the US salaries reach those of China and India? Civilized societies already have laws governing how private transactions take place. The only difference is whether we want these regulations to favor the continued amassing of wealth to the employers at the top or a more even disbursement of wealth to the employees.