Novara Media
Downstream: Why No One Should Have More Than £10 Million w/ Ingrid Robeyns
Feb 5, 2024
Ingrid Robeyns discusses the case against extreme wealth and advocates for a wealth cap to tackle poverty. They address criticisms, explore ways to implement limitarianism, analyze the influence of Christian theology and the problems of philanthropy, and discuss the impact of wealth concentrations on politics. They also delve into Marx's perspective on society and emphasize the importance of implementing concrete policies.
57:37
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Quick takeaways
- Implementing a cap on personal wealth is necessary to tackle poverty and prevent the harms caused by extreme wealth concentration.
- Limitarianism as a moral principle guides the need to design economic and social institutions that limit wealth accumulation, without advocating for politically oppressive systems like communism.
Deep dives
The Need for Wealth Limits
Ingrid Robbins, a philosopher, discusses her new book, Limiterianism, which argues for the implementation of a hard limit on personal wealth. She emphasizes that excessive wealth accumulation is morally indefensible, highlighting the symmetric nature of poverty and extreme wealth. Robbins also points out the harms caused by extreme wealth concentration, including threats to democracy, ecological sustainability, and the violation of fundamental rights. She argues that no one can morally deserve to be a multimillionaire. Robbins also explores the ethical implications of wealth and the potential for an ethical fortune that is not steeped in exploitation or unfairness.
