Probably not. There are a few places which already approach this socialist ideal - hedge funds, some management consulting firms and some law firms. In this fi

Probably not. There are a few places which already approach this socialist ideal - hedge funds, some management consulting firms and some law firms. In this firms, employees control the means of production because employees are the means of production. Such firms tend to be mostly owned by employees themselves. These firms are not known for being family friendly or having a work life balance. The reason is that these firms are populated by high productivity, high effort individuals. Such people rarely want to work with people less dedicated than themselves, people they rightly think of as underperformers. (I've worked with such people in the past and it's dreadful.) In your proposed world, high productivity employees would likely self segregate into high productivity firms which would not be particularly family friendly. Lower productivity employees who want to take years off from the workforce and put family first would shift into lower productivity firms. This means the same inequality would exist. Women would work at the family friendly firms, their husbands would work at the high productivity firms, and the inequality would continue. (In fact, even in the modern world, inequality of this sort has been the primary driver of inequality growth. https://www.nber.org/papers/w21199 https://www.nber.org/papers/w21199 )