We constantly try to find ways to organize society (and government as a crucial part of society) in ways that minimize corruption and waste, or mitigate their effects.
> That is something that no government could ever accomplish.
What you're suggesting is simply a new form of government. It might be great; it could perhaps work. But it's certainly not something to suggest offhand. Our current form(s) of government is a result of centuries (and millennia) of gradual, and sometimes revolutionary, progress. I wouldn't just throw it out the window. But hey, if you want to start a revolution, by all means – go for it. It's been a while since we've had a good revolution in the West. And if you're American, then it would be doubly great because we haven't seen any political revolutions in America since its founding (though if you're American you probably won't, because Americans like complaining about their government and alienating themselves from it, but they tend to do very little to improve it; at the end of the day, they're just too docile).