Thinking About Technocracy

Where to from here?

Money and excessive consumption

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There is no evidence that controlling large amounts of currency leads to any sort of efficiency.  None.

Instead we get gold sinks and silly wastes of carbon and energy resources.  So, why not cap wealth?  I’d be interested in pointers to any argument that suggests some very liberal and probably excessive cap on wealth (let’s say $25 million US dollars) would lead to inefficiencies for individuals.  There are more than enough able persons to collaborate on investments and to grow averages.

So, why not have a global cap on individual wealth? Who would it hurt? Or, more relevantly, how would it hurt us all?

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Written by ryanlanham

January 26, 2009 at 3:49 pm

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