Capitalism is unsustainable, wealth caps and other quick fixes will never last.
Capitalism requires growth, and growth must be extracted from the bottom and flow to the top, thus it will always result in inequality and inequality breeds power.
That power will lead to the repeal of said caps and other measures over time.
Capitalism is not the answer, nor are centralised planned economies. Thus the answer is to look beyond both and at direct mutual aid. Gone are the inequality machine or the state that knows what you need best and in its wake are cooperating with others to meet your need for wellbeing. This has largely been the default for all of human existence, local groups produce their goods those goods are given to others in exchange for things needed and they flow along. Except now we have more advanced manufacturing capabilities and understandings to produce even more.
Each community would be able to choose its own methodology that suits the needs of itself and be adaptable to meet its neighbours . Economics is fundamentally the allocation of resources, and this could look like anarcho-communism, mutualism, market anarchism, gift economy or many other forms.
Capitalism is unsustainable, wealth caps and other quick fixes will never last.
Capitalism requires growth, and growth must be extracted from the bottom and flow to the top, thus it will always result in inequality and inequality breeds power.
That power will lead to the repeal of said caps and other measures over time.
Capitalism is not the answer, nor are centralised planned economies. Thus the answer is to look beyond both and at direct mutual aid. Gone are the inequality machine or the state that knows what you need best and in its wake are cooperating with others to meet your need for wellbeing. This has largely been the default for all of human existence, local groups produce their goods those goods are given to others in exchange for things needed and they flow along. Except now we have more advanced manufacturing capabilities and understandings to produce even more.
Each community would be able to choose its own methodology that suits the needs of itself and be adaptable to meet its neighbours . Economics is fundamentally the allocation of resources, and this could look like anarcho-communism, mutualism, market anarchism, gift economy or many other forms.