In all sincerity, isn't this the ideal Republican economic system, where everone is "on his own."I can't speak about the "ideal Republican system," since there isn't one. "Republican" is the name of a political party that happens to include all sorts of ideas and principles, many of them in diametric opposition.
The ideal CONSERVATIVE system is where the governing of the people is mostly left to the states. It is CONSERVATIVE because it adheres to the original intent of the framers of the Constitution.
Thomas Jefferson is considered the father of the Democrat Party. He said "A democracy is nothing more than mob rule, where fifty-one percent of the people may take away the rights of the other forty-nine. A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government."
The notion of a limited central government is not "Republican," and it's not new. It is a traditional aspect of the founding of this republic. People who claim that it "never worked" are at a loss to explain the growth of the United States of America into the most dynamic and successful democratic republic the world has ever known.