Really tired of hearing "cost of living crisis". It's a low wages crisis. It's a high profits crisis. It's a decade of austerity crisis. It's a climate crisis.
@moh_kohn
It’s a tax policy crisis.
@moh_kohn Ok, so, corrective policy proposals.
What's the appropriate maximum assets one human being should control?
(control = you can do what you want with it. A board that never tells you NO and makes it stick doesn't count.)
Given a notional fifty year working life, and a notional max permissible annual income of ten times the floor of the mean or median income, I'd say that asset cap should be fifty times the max income. (Mean income 50 kEuro, max assets 25 million Euros.)
Good jobs right now. Fund the transition to the new energy source collection systems, collect sun collect wind elcetricity, storage systems, smart grids, right now, at speed. Because.
It costs a lot less, and is a hell of a lot cheaper than billionaires.