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# Socialist Idiot of the Day
- URL: https://goodoil.news/socialist-idiot-of-the-day/
- Published: 2024-03-29T17:30:51.000Z
- Updated: 2024-03-29T01:26:32.000Z
- Author: Good Oil Staff
- Tags: General, #wp, #wp-post, #Import 2024-06-28 02:24

> Is it possible to have too much wealth? To be too rich? And should we therefore have a cap on wealth?  
>  
> Dutch political philosopher Ingrid Robeyns believes the answer to those questions are: yes, yes and yes!  
>  
> ACT Party leader [David Seymour,](https://www.stuff.co.nz/politics/350208676/richlisters-speak-out-why-they-splash-big-cash-political-parties?ref=goodoil.news) on the other hand, argues: no, no and hell no.  
>  
> Robeyns has written a book arguing that we’d have a vastly better world if we had a hard limit on the wealth that any one person can accumulate – a cap on the rich. She calls the concept Limitarianism – and she’s willing to put a number on it.  
>  
> …  
>  
> So how much is too much?  
>  
> Limitarianism suggests that each country and society works out its own threshold depending on things like welfare provision, health care, a public pension system, etc.  
>  
> And Robeyns says you have to take into account the large number of people in society who are motivated by financial gain.  
>  
> “To allow those people, who are motivated by money, to at least keep contributing to the economy, I think you need a number that’s sufficiently high.”  
>  
> That number?  
>  
> **“I proposed, as a ballpark figure for discussion, 10 million euros,” says Robeyns.**  
>  
> **Which would mean a cap on wealth of over NZ$18m.**  
>  
> Stuff

[Read more here](https://www.stuff.co.nz/politics/350229547/tova-podcast-limitarianism-v-libertarianism-it-time-cap-wealth?ref=goodoil.news). Discuss it on *The BFD.*

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