"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
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