A Wealth Limit Litmus Test for Leaders: What Stops the Few from Owning the World? [This week's newsletter is a sketch, I'll be expanding on these concepts in upcoming editions].

Put aside for a moment everything else you believe…

Will a leader actually fix anything systemic? If they can't confront extreme wealth then ultimately no: they will always ultimately defer to the ultra-rich.

More: open.substack.com/pub/conorcur... #CDNpoli #USpoli #CDNpoli #WealthLimit #Oligarchy

Senator Bernie Sanders and Ro Khanna, a representative, on Monday introduced legislation that would impose a 5% annual wealth tax on America’s billionaires. The proposal, titled the make billionaires pay their fair share act, would apply to individuals in the US with a net worth of $1bn or more, of which Sanders’s office estimates there are 938 people who meet that threshold.

A proto-wealth limit with direct redistribution, which I would argue all countries ultimately need: open.substack.com/pub/conorcur...

"a litmus test for candidates." [Newsom opposes it].

'a $3,000 direct payment to every person in a household making $150K or less.'

#USpoli #CDNpoli #WealthLimit

The answer is neither a centralized state, nor a neoliberal market, but a new balance of power between people. Without ambition, to truly build out new ways forward, we cannot save democracy.

"The end results of neoliberal capitalism and central-state communism actually look similar over time, with both the state and the market being corrupted to serve the few..."

Latest blog: open.substack.com/pub/conorcur... #USpoli #CDNpoli #WealthLimit

Someone tried to convince me a limit would lead to billionares corrupting government 'in self-defence' & that extreme wealth doesn't inherently lead to corruption (the evidence shows it does).

Neoliberal theories have officially hit rock bottom in trying to bend reality to fit fantasy. #WealthLimit

Without a Limit on Individual Wealth There is No Limit on the Abuse of Power Real or Speculative Wealth Makes No Difference - Because it’s Not an Issue of Welfare. The Time for a Wealth Limit is Now.

(5/5) & more follow up thoughts on recent events, speculative wealth, & the motivation of the wealthy to produce wealth past the limit.

Also a question: what stops someone - or a few people - from literally owning the world?

open.substack.com/pub/conorcur... #WealthLimit #Ultrarich #Inequality

Without a Limit on Individual Wealth There is No Limit on the Abuse of Power Real or Speculative Wealth Makes No Difference - Because it’s Not an Issue of Welfare. The Time for a Wealth Limit is Now.

After these past weeks many of us are - no doubt - reflecting on the networks and influence that allow the very rich and powerful to abuse others and generally worsen our world without consequence.

We must address the root problem, now: substack.com/@conorcurtis... #Wealth #WealthLimit #Inequality

A #WealthLimit on extreme individual #wealth needs #Robinhood transparency: With #ExtremeWealth at the highest end of the spectrum clawed back & shared equally via direct #Redistribution (equal shares): https://energymixweekender.substack.com/p/a-new-fundamental-fairness-can-save #NoKings #CDNpoli #USpoli #Inequality #Oligarchy

A #WealthLimit on extreme individual #wealth needs #Robinhood transparency: With #ExtremeWealth at the highest end of the spectrum clawed back & shared equally via direct #Redistribution (equal shares): energymixweekender.substack.com/p/a-new-fund...
#NoKings #CDNpoli #USpoli #Inequality #Oligarchy

A New ‘Fundamental Fairness’ Can Save Democracy, the Environment, and Canada As major media focus on negotiations between Prime Minister Mark Carney and Donald Trump, it’s the Canadian people who are our best line of defence. We need a new fairness to empower ourselves.

(2/2) which is why we need a limit on extreme #wealth that is durable and transparent enough to survivie that tendancey towards consolidation. Where the excess goes back to everyone, directly and equally: energymixweekender.substack.com/p/a-new-fund...
#WealthLimit #Billionaires

One more: In a discussion a right-winger provocatively asked how rich is too rich? Where would we(lefties) put the limit? Nobody dared to answer. I spontaneously said: 100 Million Euro per person. I stand by it. Enough for the greedy and still some protection for society. #wealthlimit #fairtaxation