I think we can put a specific maximum for a comfortable western lifestyle. You can certainly argue that a comfortable western lifestyle is already far and away better than most of the people on Earth will ever see. This is something of an arbitrary point where past this, most of us are going to agree that it's excessive.

It's USD 10 million.

Why? Let's start with the Trinity study:

https://thepoorswiss.com/updated-trinity-study/

The original looked at a standard retirement portfolio and asked how much you can withdraw over a thirty year retirement. It took market data from 1925 through 1995 (the updated version linked above goes to 2023) and then checked a thirty year window over that entire period with various withdrawal rates.

What it found is that if you withdraw 4% of the portfolio the first year, and increasing it by inflation each subsequent year, it's highly unlikely the portfolio will run out in the 30 year window. The time period covers has market ups and downs, high inflation and low, and this 4% stays.

The updated study above says a 3.5% withdraw had a high chance of lasting 50 years.

Lets play it ultra safe and put it at 2.5%. With $10M, we'll have $250,000/year to play with, and our rules adjust that for inflation.

(Median household income in Manhattan is $128k)[https://www.point2homes.com/US/Neighborhood/NY/Manhattan-Demographics.html]. We're pulling almost twice that. I feel comfortable saying a person can live nicely in any city on this income.

So there you go: $10M. If you want a 100% tax bracket, that's a good place to put it. Any more money past that is just a game that hurts everyone else.

It's harder to think about "enough" in places like India (or even the US) where there is so much inequality.

But I would define "enough" as comfortable. Not worried about bills, buying whatever groceries you want, a good living situation and enough cushion that an emergency won't make you homeless.

The addiction to more, more, more is a disorder like hoarding is.

Bollywood actors are hypocritical and never use their platform for good. Stopped watching them in theatres long time ago.

Money is power. Power corrupts.

Frankly, I think 5 million USD should be enough for anyone pretty much anywhere in the world to live the rest of their lives comfortably. Taking 1 million out to spend immediately and leaving the rest in a savings account, even at 2% interest per year, you're getting 6666 per month, or 80k per year.

For me, personally, living in Brazil, 600k dollars would probably keep me afloat for the rest of my life with my current expenses and comfort. That's roughly twice my current salary for the next 25 years.

So, when is it fucking enough!? When will these people have enough money?

For many, it's never enough, because they see it as a competition, one about showing off "wealth" in the most cringe way possible (just look at all the assholes that love to show off their expensive car collection) and also where they interpret rules like in the Munchkin card game: it's ok to cheat, so long as you don't get caught.

I think acquiring money can be an addiction, in the sense that it’s a behavior that allows escape (it’s a simple goal that’s easy to define, allowing a person to stop looking around and just go forward). Just like video games provide an orienting direction, hence provide dopamine, hence can be addicting, money can do the same thing.

Because money is a number, it’s inherently gamified. You can just set “more money” as the objective and you never have to change it and it’s always a direction to go that can produce dopamine.

Now, if it’s not the best, most meaningful direction. the dopamine flow decreases but doesn’t stop. Just like the video games getting boring, or your brain adapting to the cigarettes or cocaine. You still get a little jolt of dopamine, but not as much as before, so it’s this tired, boring life.

The thing is, there’s a lot of uncertainty and withdrawal and relearning you have to go through to get away from the repetitive small-hit dopamine cycle and into the more organic, less repetitive, large-hit dopamine cycle of … being a real person doing valuable things.

So yeah. Money as addiction. Source of small dopamine hits, that are easier to obtain and more familiar and hence comfortable, than the messy and uncertain process of seeking dopamine through real-world accomplishment.

ALSO, there’s the problem of how markets work. When a person is relative low in the market structure, their only way of getting profit is to really produce a lot of value. The higher a person gets in that structure, ie the more they advance financially, the less value they’re adding. The ultimate asymptote they approach is when they have sufficient money to live on the interest, and it’s totally automatic, and their contribution to economic value is zero.

This means that as a person follows the path (one of many paths) from worker to entrepreneur to pretty bourgeoise to elite, they steadily lose the natural, organic meaning that comes from actually providing value to others.

The person who used to love and be sustained by the smiles and appreciation of their coffee customers, probably isn’t getting much juice out of sitting there looking at spreadsheets of their 5000-coffee-shop empire.

But along the way, they’ve already switched their dopamine source to be from a combination of value provided and money received, to be just the money.

Which is like sitting there lighting up a cigarette to stave off the discomfort for another hour, or to prevent having to think about something that makes you anxious or uncertain. Just light up a smoke: dopamine.

Just like me with this damn website. Addicted. Small dopamine hits, comfortable stand-in for actual meaning.

Greedy people are more likely to end up wealthy. Greedy people are also more likely to end up doing ethically dubious things.

Of course, any wealth at all is unethical if you're being honest with yourself. There's a famous passage in the Bible.

Jesus was out teaching his disciples or healing people- whatever he did. And a rich man comes up to him and asks

"Jesus, I want to follow you and go to heaven. Please tell me what I should do"

What did Jesus say? Jesus told him to a) sell all of his shit b) give that money to charity c) physically follow me around

What did rich guy do? Have an epiphany about morality and living the good life?

No, he cried. He cried because he didn't actually want to let go of the good things he had for morality.

All of us in first world nations are guilty of this to some extent. The way our world is shaped you essentially have to be unethical to survive. There are levels to it, of course. But I think your perspective is too black and white and needs a little nuance. Seem like a teenager.

The rich will never have enough money and we will all suffer to that end.

It never is. It's the same everywhere too.

I once read on the Internet if you're dependant on income you are poor. I think that is a perfect definition, because it removes the rivalry between all, well, slaves.

By money count I am possibly rich in direct comparison to you. Yet here I am, requiring income for my family and me to survive alone, additionally being bound by long term costs.

So it's basically the same for all of us (albeit with different numbers and different conditions) except for a handful who can do what they want.

If you're interested in details in my case hit me up by pm.

Epicureanism teaches that you will never have enough money, enough fame, enough influence, so chasing after those will never make you happy. Instead, you should focus on fulfilling your needs and fixing problems in your life, getting enough to eat, enough sleep, surrounding yourself with friends and enjoying the small things in life. When you're unburdened by needs, you reach long-lasting happiness.

So to me, that means earning enough to fulfill your needs is enough, especially if you don't have to worry about losing your job any time soon

Part of the problem is that most people will spend most of their time around people of a similar wealth level. They will therefore always be around people richer than themselves and generally see less people that are much poorer (at least in a personal context).

This means that 'rich' people don't feel rich. (Unless they are self aware enough to realise it). It also means that your references for morals etc are now other rich people rather than 'normal' people (although it's normal to them!)

Therefore, they always want to acquire more money, and their references for how to go about that are the richer people who have already done similar things.

You get to define your own sense of what "enough" money is. Many people will never have enough.

The philosopher Diogenes was sitting on a curbstone, eating bread and lentils for his supper. He was seen by the philosopher Aristippus, who lived comfortably by flattering the king. Said Aristippus, "If you would learn to be subservient to the king, you would not have to live on lentils." Said Diogenes, "Learn to live on lentils, and you will not have to cultivate the king."

I like to reference Maslows Hierarchy of needs for a different perspective of personal value.

Bollywood actors aren't moral agents. They're all assholes, all from upper-caste Sindhi, Punjabi and Tamil background, and the new talents emerge from nepotism, which is why today's Bollywood, once revered in the entire Global South, has gone to dog-shit. These actors have used loop-holes in the system to amass wealth.

How Shahrukh Khan's Family Is SECRETLY Scamming India (while we are busy watching Jawan Trailer)

How Sunny Deol Is Secretly Scamming India (while we are busy watching Gadar 2 and its success party)

If you just watch movies from the 40s and 60s in India, you'll be surprised to see how pro-communist Bollywood was. You know, movies like Awaara and Namak Haraam. I mean, to be honest, the communists had almost five chances to form the government with Jyoti Basu as the prime minister, but fuck him and his ideological purism.

IMO: Not having to worry about money.
Bonus points if you could easily absorb being jobless for 1-2 years while not making any compromises.

I think "enough" is when you don't have to worry about water, food and shelter.

I have roughly enough to pay for these things, a little more, can get internet and a few euros each month for random luxury stuff.

I earned more before, but I reduced the hours in my job severely so I get to this money state. I like the reduced hours more than having more money.

So yeah for me, idk what everyone's talking about, there's definitely an "enough". Of course, more is also "nice" but "enough" is when you survive with a little bit over.

Of course, like others say, for most people there is not an "enough", they keep wanting more. It depends on the individuals. I have a bunch of friends who are friends because they think like me. But I can't be friends with most of the population because they can't get enough.

Famous people are mostly famous exactly because they can't get enough. No one works that much, tries to acquire status that much, if they are satisfied eventually. Because when you would be satisfied, you stop chasing more fame, not getting to a level that we would call "famous".

I'll leave this here.

The happiest nations of the world aren't obsessed with chasing money and hoarding it because they've been supported by their neighbours from birth to where they're working and supporting their own neighbours. So many of the things that Americans hoard money to try and prevent are just ... handled .. by everyone's neighbour, anonymously. The knowledge that this coordination and 'smoothing' of stressful troubles is done anonymously, regularly, and unilaterally, serves to reduce a lot of the effects of food insecurity and health insecurity and shelter insecurity. They have a system that works, and it's shown to be reliable, and people are more calm.

So I'm not going to say how they achieve that, except "find the objectively-ranked happiest nations of the world and either move there or convince your government to do what they're doing" and I'll move on. It's not hard, but you're going to go through stages of disbelief (nah, that can't work because people will cheat), bargaining (can I cheat please?), etc, and either you'll be ultimately frustrated at the fact that your locale just can't get there, or you'll be moving to the locales where they're doing it.

Money only amplifies who you are and what you’re able to do. I’m quite comfortable, but I like to build things and make companies grow, and solve technical problems. I don’t really want to sit back and just do nothing - in fact I’d love a partner to help me do a bit more relaxing - but when left to my own devices I am always learning some new skill or refining some process or generally trying to make the world around me a little better.

I think the only way to have "enough" money is to practice gratitude. Being poor is defined by stress, of course; I am not gonna tell you that your problems are all in your head. But when you get a better paying job, it's easy to thoughtlessly spend more money and still end up feeling poor. So, don't just excitedly spend all that money. Take a good look at what you appreciate about your current life and what you are proud of, and do what you need to cultivate these good things. Sometimes it is surprising how many of those things are free. Sometimes they need a bit of money to grow.

The other thing is that each time you cross a moral line, it gets easier to do so again. This is why i do not drink and will never drink. I think the same goes for accepting sponsorships from tobacco companies and other kinds of corruption. And of course being rich naturally shields you from the consequences of these decisions if you let it.

When I am immune to the thoughts of questioning my finances

I have wondered the same thing many a time. I don't think it's naive to wonder honestly. I find it genuinely confusing, not from a moral judgy standpoint but more of an effort to reward standpoint.

If you or I sold tobacco in exchange for a quantity we'll call a "shit-tonne" for the purposes of discussion. It would change our lives considerably. As you said, you personally would do it, and I think odds are pretty good I would too. But if that 1 shit-tonne of cash doesn't significantly change the recipient's life or capabilities or long term security, I don't understand why they'd bother with it. I think my confusion diverges from yours in so far as I don't think the point of getting rich for the vast majority of people has to do with acquiring the luxury of a moral compass. It might be for some, but I'd say for most it's at best a side benefit and for many irrelevant. However I do think that most of us without the requisite shit-tonnes of cash like to imagine the purpose for acquiring it is to avoid having to expend the effort required to acquire anymore thereafter. In this framework, which seems so obvious and relatable to me, you'd think you couldn't hook wealthy actors in to shilling tobacco because basically, they just couldn't be bothered, I mean why bother? You might keep acting if you find it fun but surely there'd be funner gigs than ads?

This is a more cynical way to look at it, but no less inaccurate than your theory of acquiring wealth to buy the ability to be moral. In the case of wealthy actors however, I think they're maybe not the best example, the richest ones are very rich but their material desires are sometimes able to scale with their wealth. Nicholas Cage was a good example as he managed to get himself in to ridiculous debt ostensibly from insane spending on ridiculous things. Presumably he liked having those things and was able with some effort to actually spend enough outpace his unbelievably high earnings. In that context you might well take lucrative acting gigs for scummy companies to help you out of debt or to help you buy one more private island.

There's a whole other tier of offensive and obscene personal wealth where you see people like billionaire CEOs. These people trash my model of the 'purpose' of acquiring wealth and by the actions we see them do, yours as well. These guys probably couldn't spend all their money on material objects if they actively tried. Their motives are very obscure to me. I definitely judge these guys but I leave them just a little bit of slack in so far as it seems generally observable that acquiring this much wealth seems to make you want to keep acquiring more wealth. I may not know why, but it almost seems like some kind of a fundamental law or drive so it could almost have some exculpatory power, though not much and in any case would only lend credence to the idea that society as a whole ought to avoid the accumulation of quite so much personao wealth since if my observation is at all accurate it would tend to mean, that much like we hold it to be true that all drivers will be impaired after a certain amount of alcohol so too does wealth tend to corrupt the decision making and motivations of people who have too much of it.

I've read about the topic a little bit and there's some concepts that make some sense. People do crave purpose, so if you make enough money to sit on your ass and avoid having to make money people have a tendency to create objectives for themselves to work towards and if they don't it can lead to unhappiness. In the case of some of those who achieved such wealth they had such objectives on the way up too, so it's how they've always lived their life (theoretically, if they supposedly got their through hard work and merit, big if). This does explain it I guess, but as an explanation it feels vague and weak. I've heard ideas around a kind of competitive peer pressure effect too, these guys want to be richer than each other. This is unsatisfying because it's just so dumb but makes a lot of sense, especially because it kind of scales with wealth as well. Often as people at all walks of life take stock of their position they will assess how well they're doing in comparison to where they were before and also in comparison to someone else around them so by those metrics you're always going to want to be doing just that little bit better than a few years ago and your always going to want to be exceeding or approaching the person you've most recently set as a desirable standard. All of these ideas seem to explain the behaviour we see but to me all feel too wishy washy to really make sense but I guess that's because it's going to be lots of these drives acting in concert along with something that one probably just has to experience and which basically none of us ever will as it comes with becoming richer than god.

Personally I can't but think that if instead of becoming rich, I suddenly got bequeathed all of Elon Musk's wealth unexpectedly from his timely death then I'd very likely have far less ambitious and contentious goals than he. Not necessarily because I hold myself to a higher standard but because, I mean, why take over the world like a megalomaniac when it's so much easier and more fun to do lots of drugs and go traveling and play with all the best toys? If I really crave purpose I can make a movie or something, I wouldn't even have to be good at it, I could buy everything related to it being made and distributed. If I was talentless and it stunk and flopped, it wouldn't be my problem and I could afford to spend my time getting good at it as a hobby even if each flop cost hundreds of millions. But maybe one the zeros started trailing on my account balance I'd suddenly start wanting to own everything and influence politics and just generally being a bit of a prick, it seems to happen to people.

I don't think any amount of money is enough. This is what happens when we live in a society that relies on material wealth as a source of validation instead of a means to fulfill our basic needs.

About 20% more than what anybody currently has at any point in time

So, when is it fucking enough!? When will these people have enough money?

It's all about keeping score, see. When the best capitalist finally gets all the money, they win. And then we can all quit this game and do something else.

Everyone is here talking about how no money is enough and everyone is really greedy, but I'm not so sure. Have a look at modern philosophies around financial planning and you will find a TON of people living within their means and using their financial wealth to live closer to their values. The FIRE movement and "Finding and funding a good life" come to mind.

In a sense, money represents all the future goods and services it can buy, and those goods and services ultimately resolve down to someone's time and effort. Money was conceived as a formalization of IOU's, after all.

So it's similar to asking whether there's a limit to how much time and effort from (i.e. influence over) others one would want.

I've always liked the distinction between needing your job to survive and being okay if it disappeared for at least a few months

If you have enough to mean you can take your time to look for a good job if you ever lost your current one without having to change your lifestyle, that's the minimum bound of "enough" IMO. Anything else involves compromise, so therefore is not "enough" by definition.

I'd say the idealised "enough" is when you can do whatever you decide to do without having to worry if you can afford it.

Both of these depend on the kind of lifestyle people lead and how much more they would do if they didn't have to think about money. For some people that idealised "enough" is unachievable, because they've decided what they want to do is make more money.

People that end up chasing money for the sake of having more money will often do so in spite of any moral compass. And FWIW I don't think there are a high percentage people out there that make "enough" by either of my definitions and that opens up all the exploitation that forces people into shitty jobs and situations they wouldn't otherwise do