this post was submitted on 03 Apr 2026
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[–] phoenixz@lemmy.ca 21 points 2 days ago

Can we just please already start putting wealth caps in place world wide?

Nobody should be allowed to own over, say, ten million dollars. There is no reason to have more than that, there is nuo human right to bring that rich.

You reached 10 million? Awesome, all your following income will go 100% to taxes until you're worth less. You are worth 100 million? Congratulations you get to select 90% of your wealth and give it to taxes.

Governments will finally get huge incomes that they then can use for a huge socialist network of services, like free education, retirement funds, free healthcare, great infrastructure, universal basic income, independent investment foundations that can pay for actual reliable press, you name it

Moreover, people will become more equal. Poverty can stop once the rich stop hogging all the resources. It will lower crime because "criminals" no longer need to be criminal to survive. Since nobody can be ultra wealthy anymore, nobody can become ultra powerful either, which is great for everyone because we no longer will have to deal with narcissistic assholes like trump rising to power through money.

Companies can no longer be owned and controlled by a single person or even family. You'll need hundreds of similar shareholders for even a mid sized company, meaning you no longer have one person receiving all the benefits.

Media companies are the same. You'll have hundreds, if not thousands of smaller media companies now, diversifying the information we receive

We need to stop acting like it's normal for any of this. You want capitalism? Fine! Have it, but you can't let parameters go without limits within a limited system. We can't let people just become as rich as they want, it never ends well for anyone

These panama papers are just about people trying to get richer, yet again, by criminal intent. All of that will disappear when you simply can't get any richer