Honestly, 100 mil or even 50 mil is more than enough for any human to live a carefree life, without the need to work ever again and without any material want or need.
But we would be fine without a wealth cap too, if we got rid of the concept of inheritance. Make as much money as you can or want, but actually pull yourself up by your bootstraps and when you die it all gets returned to the people (and not your nepo babies).
Sadly, capitalism cannot be reformed - of course laws can be passed that would improve the situation, but because the wealthy can just accumulate more wealth, and thus power, they can change the laws again in the future to benefit themselves - thus they can repeal any reforms you impose on them. There is only one path to long-term success - complete abolition of capitalism.
What would you replace it with? Your lofty ideal is a recipe for disaster for the working class until you have a fully-formed, tried and tested replacement system ready to drop in place. Until you’ve done that, you’re just foolishly damning millions of people to worse suffering.
That’s something we need to collectively work on - because we all have different needs and perspectives, no one person, no matter how educated, can just come up with the structure of a whole new society by themselves. We need to start by recognizing that our current system does not serve us, then we need to form consensus on how we can replace it.
I’d encourage you to read an Anarchist FAQ for more information:
the specifics of how to structure a non-hierarchical society must remain open for discussion and experimentation
Honestly, 100 mil or even 50 mil is more than enough for any human to live a carefree life, without the need to work ever again and without any material want or need.
But we would be fine without a wealth cap too, if we got rid of the concept of inheritance. Make as much money as you can or want, but actually pull yourself up by your bootstraps and when you die it all gets returned to the people (and not your nepo babies).
Sadly, capitalism cannot be reformed - of course laws can be passed that would improve the situation, but because the wealthy can just accumulate more wealth, and thus power, they can change the laws again in the future to benefit themselves - thus they can repeal any reforms you impose on them. There is only one path to long-term success - complete abolition of capitalism.
Oh i don’t try to defend it or keep it alive, lol. With the changes needed to make capitalism work for everyone it would no longer be capitalism.
What would you replace it with? Your lofty ideal is a recipe for disaster for the working class until you have a fully-formed, tried and tested replacement system ready to drop in place. Until you’ve done that, you’re just foolishly damning millions of people to worse suffering.
That’s something we need to collectively work on - because we all have different needs and perspectives, no one person, no matter how educated, can just come up with the structure of a whole new society by themselves. We need to start by recognizing that our current system does not serve us, then we need to form consensus on how we can replace it.
I’d encourage you to read an Anarchist FAQ for more information:
If you haven’t developed a working replacement then you’re just fantasizing about “something better”.
Do you believe that a better world is impossible?