Lmst

@hosford42 One approach being discussed and explored is #Limitarianism by #IngridRobeyns https://en.wikipedia.org/wiki/Limitarianism_(ethical)

@utbluegirl I agree with you. I think the US is on the cusp of a transition. It is heading deeply into a #Kleptocracy #Kakistocracy #Oligarchy. If elites like Musk, become #Enlightened and choose to #Nationalize and accept #RedistributionOfWealth. We could begin a more #Socialist model like the #Nordic countries (i.e. #Finland, #Sweden, #Denmark) and work toward #Limitarianism like #IngridRobeyns proposes. Otherwise, I'm afraid it's #TorchesAndPitchforks and #PinataEconomics

New reading material #Limitarianism #TheCaseAgainstExtremeWealth by #IngridRobeyns

@GeofCox The time for #Limitarianism may be upon us. https://youtu.be/QoePvhTy4tk?feature=shared #IngridRobeyns

"So just take Elon Musk and Jeff Bezos, put them on an island - full of coconuts and bananas so they won't die - and let us see how rich they will become. It's obvious that they can't become rich.

So that means that what we all together, and also previous generations, are ... making and upholding and contributing to, is what also enables them to become so wealthy."

#IngridRobeyns, 2024

https://www.rnz.co.nz/podcast/kim-hill-wants-to-know?share=3f86bbf9-b5bf-48f4-b14b-94e1cff99a50

#podcasts #RNZ #KimHillWantsToKnow #wealth #inequality

Q: 'How much is TOO much?' Netherlands' Economics Professor #IngridRobeyns, #UniversityUltrecht launches the global conversation in her new book, #LIMITARIANISM the Case Against Extreme Wealth (Allen Lane, 2024). 'The gross decadence of private wealth, the ultra-rich, has a devastating effect on poverty gaps, inequity, social cohesion and the environment', she argues. Limitless private billionaires are an economic question the World needs to tackle.