The case for banning...millionaires?
The Gray Area with Sean Illing
00:00
Setting Limits on Wealth Accumulation
The speaker emphasizes the importance of having reasons for setting upper limits on wealth accumulation, proposing a political limit of 10 million euros in the context of the Netherlands and a personal voluntary limit of 1 million euros. Research indicates that having more money beyond this limit does not enhance the quality of life significantly. The speaker advocates for societal structures that prevent excessive wealth accumulation beyond tens of millions or billions, and questions the moral rationale behind accumulating excess wealth after reaching a comfortable standard of living.
Play episode from 03:45
Transcript
