My favorite hippy idea that crashed into reality was in the late 90s when Ben and Jerry’s ran a contest where the idea was that anybody could be a CEO. The contest winner turned out to be a failure. They eventually proved the opposite and had to hire a real CEO. Yes they were serious.
I remember that one. IIRC, B and J also had some thing about how they weren’t going to pay the CEO more than X times the amount of the average worker, as a statement against corporate greed.
As it turned out (again, IIRC), no one worth their salt wanted to work for that price, and B & J ended up having to pay “typical” CEO pay to get somebody.