appassionato , to bookstodon group
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Limitarianism The Case Against Extreme Wealth by Ingrid Robeyns

"A powerful case for limitarianism—the idea that we should set a maximum on how much resources one individual can appropriate. A must-read!"
—Thomas Piketty, bestselling author of Capital in the Twenty-First Century
An original, bold, and convincing argument for a cap on wealth by the philosopher who coined the term "limitarianism."

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How much money is too much? Is it ethical, and democratic, for an individual to amass a limitless amount of wealth, and then spend it however they choose? Many of us feel that the answer to that is no—but what can we do about it? Ingrid Robeyns has long written and argued for the principle she calls "limitarianism"—or the need to limit extreme wealth. This idea is gaining momentum in the mainstream – with calls to "tax the rich" and slogans like "every billionaire is a policy failure"—but what does it mean in practice?
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    • GuerillaOntologist ,
    @GuerillaOntologist@social.coop avatar

    @appassionato @bookstodon
    As my old econ prof John Photiades used to say, "Everyone talks about a minimum wage, but no one wants to talk about a maximum wage."

    abreaction ,
    @abreaction@mastodon.world avatar

    @appassionato @bookstodon

    A terrible idea that feels like a good idea.

    Ownership keeps things from being exploited by the people with no skin in the game.

    https://www.investopedia.com/terms/t/tragedy-of-the-commons.asp

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