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Limitarianism: The Case Against Extreme Wealth

Name: Limitarianism: The Case Against Extreme Wealth
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Book Synopsis: “A powerful case for limitarianism – the idea that we should set a maximum on how much resources one individual can appropriate. A must-read!” —Thomas Piketty, bestselling author of Capital in the Twenty-First Century

An original, bold, and convincing argument for a cap on wealth by the philosopher who coined the term “limitarianism.”

How much money is too much? Is it ethical, and democratic, for an individual to amass a limitless amount of wealth, and then spend it however they choose? Many of us feel that the answer to that is no—but what can we do about it? Ingrid Robeyns has long written and argued for the principle she calls “limitarianism”—or the need to limit extreme wealth. This idea is gaining momentum in the mainstream – with calls to “tax the rich” and slogans like “every billionaire is a policy failure” – but what does it mean in practice?

Robeyns explains the key reasons to support the case against extreme wealth:

It keeps the poor poor and inequalities growing
It’s often dirty money
It undermines democracy
It’s one of the leading causes of climate change
Nobody actually deserves to be a millionaire
There are better things to do with excess money
The rich will benefit, too

This will be the first authoritative trade book to unpack the concept of a cap on wealth, where to draw the line, how to collect the excess and what to do with the money. In the process, Robeyns will ignite an urgent debate about wealth, one that calls into question the very forces we live by (capitalism and neoliberalism) and invites us to a radical reimagining of our world.

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Limitarianism: The Case Against Extreme Wealth is not just another book arguing against inequality. It is an original and influential manifesto that challenges the very foundations of our economic system. Written by philosopher Ingrid Robeyns, this groundbreaking work exposes the damaging effects of unlimited wealth and presents a powerful argument for setting a cap on individual resources. With endorsements from esteemed economists like Thomas Piketty, this book is a must-read for anyone seeking a fairer and more just society.

In a world where a handful of individuals hold vast amounts of wealth, it is crucial to ask ourselves: how much is too much? Robeyns delves into the ethical complexities of unlimited wealth accumulation and offers a compelling case for limitarianism. This principle advocates for a maximum limit on wealth, giving rise to the important questions of what this limit should be and how it can be enforced. By shedding light on the detrimental consequences of extreme wealth, Robeyns calls for a reevaluation of our values and a transformative shift in our societal norms.

Extreme wealth perpetuates the cycle of poverty, widens the gap between the rich and the poor, and exacerbates social inequalities. Moreover, it often involves dubious financial practices and unethical business dealings. By placing a cap on wealth, we can minimize the negative impact of dirty money and create a more inclusive economy that benefits everyone. Limiting wealth also safeguards the democratic principles we hold dear by curbing the influence of a few wealthy individuals over political processes, ensuring that power remains in the hands of the many.

It is no secret that excessive wealth contributes significantly to climate change. The lavish lifestyles of the ultra-rich demand immense resources and energy consumption, accelerating environmental degradation. By restraining the accumulation of wealth, we can work towards a sustainable future and tackle the pressing issue of climate change head-on.

One of the most profound arguments against extreme wealth is the belief that nobody truly deserves to be a millionaire. In a world where hardworking individuals struggle to make ends meet, it is unjustifiable for a select few to accumulate astronomical sums of money. Limitarianism proposes that distributing excess wealth to those in need and investing in projects that benefit society as a whole is a far more equitable and morally sound approach.

By embracing limitarianism, we not only create a fairer society but also unlock opportunities for innovation, education, healthcare, and infrastructure development. Imagine a world where excess wealth is channeled into endeavors that uplift communities, eradicate poverty, and foster a more sustainable planet. The rich themselves would benefit from a more equitable society, where the burden of extreme wealth is lifted and replaced with shared prosperity.

Join the movement to reimagine our world and challenge the status quo. Read Limitarianism: The Case Against Extreme Wealth and become part of the urgent debate that will shape the future. Every billionaire signifies a policy failure, and it's time for change. Explore the possibilities and envision a society where wealth is not an end in itself, but a means to create a better world for all.
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