What Would Society Look Like if Extreme Wealth Were Impossible?

A reflection on Ingrid Robeyns’ book ‘Limitarianism: The Case Against Extreme Wealth’, which argues for a cap on wealth. Quoting Robeyns: “we don’t just need institutional design and fiscal choices; we also need to develop a set of public values that are culturally embedded, where material gain is not the leading incentive… We must rebalance our view of society, and our view of ourselves as human beings.” As Emba points out this would require new aspirations and ambitions, away from individualistic wealth accumulation, and that “now is as good a time as any to begin dreaming new dreams.” Also see.