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Date: | Wed, 28 Feb 2024 14:15:53 -0500 |
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Ooooh… another book to add to the pile…
Let’s Set a Maximum Wage for the Rich
According to ‘Limitarianism,’ no one deserves to be a billionaire. Not even Taylor Swift.
Crawford Kilian <https://thetyee.ca/Bios/Crawford_Kilian/> 26 Feb 2024The Tyee
> https://thetyee.ca/Culture/2024/02/26/Set-Maximum-Wage-Rich/ <https://thetyee.ca/Culture/2024/02/26/Set-Maximum-Wage-Rich/>
Limitarianism: The Case Against Extreme Wealth
Ingrid Robeyns
Penguin Random House (2024)
“Eat the rich” may be an attractive idea to some, but let’s face it: the rich are just too few to go around. Their wealth, on the other hand, offers plenty for all.
Instead of fretting about a minimum wage for the poor, let’s set a maximum wage for the rich. Call it a million dollars a year, salary or investment income, with any excess income going straight into tax revenues.
It’s a sign of our oligarchs’ power that such an idea is almost unthinkable. But Ingrid Robeyns, a philosopher and economist at Utrecht University in the Netherlands, explores in detail the idea of limiting private wealth. In her new book Limitarianism: The Case Against Extreme Wealth, she makes a persuasive case and raises some very serious moral, political and economic problems.
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