Re:Bezos donates $100M each to CNN contributor Van Jones and...
by dane-pgp on Wednesday July 21, 2021 @08:34PM
(#27913948)
Do you think people would no longer be incentivized if there were, for example, a cap on how much money/wealth they could own? Let's say the limit was $1 billion, to start with.
The only counter-argument I can think of is that SpaceX might have run out of money if Elon "only" had $1 billion to pour into it, but I believe he started the company with just a $100 million investment of his own money.
I'd also accept people being able to funnel billions into non-profit foundations which they control, as long as those foundations have goals which vaguely benefit society, such as "making humans a multi-planetary species".
The only counter-argument I can think of is that SpaceX might have run out of money if Elon "only" had $1 billion to pour into it, but I believe he started the company with just a $100 million investment of his own money.
I'd also accept people being able to funnel billions into non-profit foundations which they control, as long as those foundations have goals which vaguely benefit society, such as "making humans a multi-planetary species".