Flying SquidBut how would they be able to live on that?
EtterraF that. Shave then down to a few million, tops. There needs to be a wealth cap.
𝓔𝓶𝓶𝓲𝓮Wealth is there to motivate people to do something more than dwell and ruminate. If there was a wealth cap or maximum amount of money you can have no one would have motivation to do all these things we have like companies and such.
Call it at 20m. That’s a great fucking motivation to me. That’s a couple nice houses,a boat or two, several over the top cars, and pretty much any possession you can think of within reason. You could lead a very comfortable life on 20m net worth.
Humanity does not need private keys, mega yachts, mega mansions, etc.
There would be no personal motivation to siphon every penny away from your employees as you can if you’re at your wealth cap. Employees who should be sharing in the company’s success in meaningful terms.
There would be no motivation for enshitification to reduce costs to the bare minimum for every last penny.
Etc.
The extreme greed that “motivates innovation” is such a crock. Yeah, obscene wealth dues fuel venture capitalism atm, but those investors are also who twist the knife on CEOs to make short term decisions that end up destroying companies at the detriment of employees and customers alike.
CEOs aren’t in it for the long haul. Investors aren’t in it for the long haul. It’s all rape and pillage under the current system.
If it’s such great motivation, what is stopping you now? The potential to earn that is there for you, right now but from what I gather you’re not doing it. Why would you have MORE motivation to make 20M if it was capped but have no motivation in the current environment?
I think you’re missing the point. I am asserting that 20m cap or capless, people including myself are motivated to try to be monetarily successful. The American dream is everyone is a future million/billionaire.
The current wealth distribution and lobbying only serves to make the rich richer and kick the ladder out from behind them.
A wealth cap changes that. It means there’s little point for the rich to keep clutching to power for more money, because you can’t keep it. But the goal of 20m is still very appetizing to the working class, where they could retire in comfort for the rest of their lives.