Bargearse*‘No one should have more than €10m’: the author of Limitarianism on why the super-rich need to level down radically*
>For Ingrid Robeyns, a professor of philosophy and economics at the University of Utrecht in the Netherlands, the urgency of that question is long overdue. Not only does Robeyns argue for a limit to wealth, she is prepared to put a number on it. Or actually two numbers: the first a political ambition, the second an appeal to ethical conscience. The first is this: “In a country with a socioeconomic profile similar to the Netherlands, where I live, we should aim to create a society in which no one has more than €10m.
>This year’s report, Inequality Inc, again articulates a trend that we have all witnessed for the past four decades and more. While most people, locally, nationally, globally, try to survive on the same or less, the rich and the very rich become phenomenally more wealthy year by year. Since 2020, the report reveals, “60% of humanity has grown poorer, [while] billionaires are now $3.3tn or 34% richer than they were at the beginning of this decade of crisis.” The wealth of the world’s five richest men has more than doubled in that period, adding an unprecedented $464bn to their fortunes.
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