[iloveoof]

> Surely there has to be some number that pushes individual wealth from a net benefit for the country to a net detriment? Surely we are seeing lots of data and examples right now where we can start to come up with that line as a society? Surely it’s very reasonable that we might want to develop policy to make it hard for an individual to end up with more than, say, ten billion dollars1. That doesn’t seem very controversial to me.

This seems very controversial to me. Why does increasing wealth eventually cause negative outcomes? What do you mean by “make it hard”?

This article skips over justifying its argument. I don’t think, for example, that someone should have come along to Warren Buffett in the late 80s and said: “Your company is too successful, you can’t be the full owner of it anymore”

Individual, founder-led companies are a good thing, especially if the companies are very successful. You’re more likely to force these companies into being led by investors and private equity if you don’t let the founders lead them.