this post was submitted on 11 Jul 2024
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There doesn't even need to be any kind of cap, they just need to pay more taxes and be prohibited from buying politicians.
At some point people do not actually become happier from additional wealth. If you create a system where people are allowed more than that you are just giving them power over vast quantities of resources for no particular reason. It becomes an incentive only for those whose lust for more cannot be satiated and is anti democratic by it’s very nature.
That's actually not entirely true, although what is true is arguably even worse.
See money does keep buying you happiness....just in diminishing returns.
So basically, the ultra wealthy are drug addicts forever chasing the satisfaction they once knew when they got their first big hit having achieved an independent standard of living, but every dose is less and less effective even as they keep upping it, eventually they die strung out and paranoid of everyone around them.