What would happen if we just quit working...

...for poverty wages? I'm not sure if we'd die of starvation, get evicted, or what, but sometimes I wonder about a world where we build up our local economies again from scratch and leave the big corporations out of it. Could we do any better collectively than we do now or are we stuck settling for minimum-/low-wage jobs while the CEOs and execs float off into the sunset on their golden parachutes?