This is the "I swear communism works, you just need people who actually care about worker life quality and aren't tyrants to lead the revolution" school of org theory.
More that you have to have realistic expectations when you structure an org, that people doing the work are going to pad and sandbag in successive tiers up, and people in charge of outcomes are going to push for bigger and more down.
Of course, we first would need to agree that this is desirable and that's probably the point where it breaks down.