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That is brilliant. Does it have a name?
No idea, but I put it together from ideas around algorithmic decision making and anarchistic thought. Design a society where you would be happy to be dropped in as a random person and you can't have massive power and wealth imbalances. As soon as you get rid of the idea that you will be on top you gain the drive for equality and fairness.
If nobody wants to do a job then people will pay more to not have to do it. In that way people getting paid to do shitty jobs at least get well compensated and that makes the job more attractive, leading to it being less shitty.
Nice thought experiment. I appreciate that you shared your thoughts on this subject.