Wealth Limit ?!?
I have always wondered why a (hypothetical) person with 10,000 million Baht would want more money...say 70,000 million Baht. The only reason my tiny brain can squeeze out is that the person doesn't aim for the prize, but for the pride and victory.Then, it had led me to think about capitalism and wealth accumulation. Extreme uneven wealth distribution appears to be troublesome...if so extreme, the society probably correct itself through revolution. That's tough. Because the correction process is often painful and usually cost lives.
Anyway...only if people know that enough is ENOUGH, then many problems might not happen. Hmm...if "Enough" can really help, then why not make it a rule. Then, I ask myself, what would happen if a society enforces "wealth limit" - a maximum wealth one can own. This wealth limit doesn't even have to be low. It can be at 10,000 million!!! And, sure, the limit can even move with inflation!!!
[Of course. Assuming there's no problem in enforcing and monitoring, which is another story.]
The thing is...we need incentives to efficiently produce and earn...to keep the economy going. But what would a person with 10,000 million need incentives for? More money? More wealth? Isn't 10,000 million enough? The point is...shouldn't a person know that enough is enough?
I believe incentives to accumulate wealth (or capital) should be mostly to cope with uncertainty...such as for dealing with illness, children's education, etc. That is to ensure your life will go on as far as nature and science allow you to. But too much wealth accumulation might have just overlook such point.
One might argues that the wealth is not only for their children, but for their children's children's and so on. Well...if that's done at the cost of other people now, it might not be even feasible for the society as a whole.
Anyway, I've been babbling for too long now. My thoughts are not quite coherent, but I just need to get them out. Actually, I'm not that 100% sure about this 'wealth limit' concept...but I can't think any further. So...I'm relying on you guys to counter argue this (^_^)
posted by Bikku @ 11:14 PM
2 Comments:
wealth limit- sounds like a communism thing
There is not a fixed limit of wealth in the world. If that were true, we would all still be living in mud huts.
Someone else getting richer doesn't make you any poorer. So why would you limit how rich a person can become?
People get rich thru businesses that provide things other people want. What is the point in forcing someone to stop building their businesses after a certain size is reached? Those businesses only exist and grow because they satisfy the wants of their customers.
I think you should focus on how to make the poor richer, instead of how to make the rich poorer. Wealth is not zero-sum.
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