The only way that capitalism could ever work would be to remove any generational wealth and make it only about personal achievement. When you die it all goes back to the state(assets and money).
Even then, rich parents can pay for better education and tend to have better connections. Doing it that way would mostly just fuel nepotism in companies and encourage people to find loopholes to pass on most of their wealth before they die.
I’ve always toyed with the idea of a wealth cap. 1 billion dollars is the max amount of money any one person or entity can make. Anything after that is either reinvested, split amoung the workers (not the board of directors) or payed a taxes to the government.
One thing is for sure. We don’t need billionaires.
The only way that capitalism could ever work would be to remove any generational wealth and make it only about personal achievement. When you die it all goes back to the state(assets and money).
Even then, rich parents can pay for better education and tend to have better connections. Doing it that way would mostly just fuel nepotism in companies and encourage people to find loopholes to pass on most of their wealth before they die.
I’ve always toyed with the idea of a wealth cap. 1 billion dollars is the max amount of money any one person or entity can make. Anything after that is either reinvested, split amoung the workers (not the board of directors) or payed a taxes to the government.
One thing is for sure. We don’t need billionaires.
How about.
Const is chosen to maximize tax revenues.
So your saying give ppl who gucked up this system more power? That’s crazy man