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.