Business Daily
Business Daily meets: Ingrid Robeyns
Feb 23, 2024
Exploring wealth disparity, philosopher Ingrid Robens proposes capping personal wealth at $10 million to tackle extreme inequality. Debate on wealth caps' impact on democracy, society, and the environment. Perspectives on wealth limits to address income inequality and stimulate innovation. Insights into Iran's political landscape and business opportunities.
18:21
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Quick takeaways
- Ingrid Robeyns proposes a $10 million cap on personal wealth to combat global wealth inequality and promote a more equal distribution of resources.
- Implementing personal wealth limits can coexist with corporate wealth growth, addressing economic disparities without hindering innovation or productivity.
Deep dives
Inequality and Wealth Gap
Ingrid Robens, a philosopher and economist, proposes Limitarianism, suggesting a $10 million cap on personal wealth to address the increasing global wealth gap. This is based on the idea that extreme wealth concentration harms society, undermines democracy, and is incompatible with sustainability efforts like climate justice. Robens argues that reducing wealth inequality can lead to a better world for all and unlock untapped potential.
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