You can live well on a whole lot less - as most people did not all that long ago. Ditch the >1000 sq ft homes, instant shirt-sleeve indoor temperatures, waste-encouraging volumes of drinking water, high-MPG with-all-the-features cars, supercomputer-in-your-pocket phones, etc. Get a catastrophic health insurance plan. Pay your way thru college. Downgrade the phone. And elect leaders who seek to make simple living legal, and otherwise decrease burdensome tax rates.
Your "living" standard is your choice. Really. Contain your costs, and you can live on a whole lot less. As always I'll be derided for these observations, but it's what I grew up on.
"Someone has to do the work", "confiscating the fruits of the productive to give to the idle punishes the former and rewards the latter". That's absolutely not what liberating work is about, and what you describe is a pretty narrow view of economics that we're taught since childhood. Investigating a bit economy shows it get way more complicated than that, just defining "productive value" is a very deep subject. I don't believe you and I are able to assess if an economic system is sustainable or not (reality shown even the best economists can't), whereas scientist are pretty accurate about the low probability of an asteroid destroying earth in 2016.