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by fnovd
3135 days ago
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>Whatever the reason was, that a family or people where able to accumulate that much wealth: I believe, there should be an upper limit. And what should that upper limit be? Who decides what it is, and how do we ensure that people powerful enough to get close to that limit don't simply play financial games to skirt these rules? If the source of my wealth is unrealized capital coming from ownership of a company I founded, what am I supposed to do if my wealth nears the cap? What is to prevent bad actors from inflating my stock price to force me to sell? If I hold my companies privately, who decides what they are worth and by proxy how much wealth I possess? |
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