Audiobook
English language
Published by Penguin Audio.
We all notice when the poor get poorer: when there are more rough sleepers and food bank queues start to grow. But if the rich become richer, there is nothing much to see in public and, for most of us, daily life doesn't change. Or at least, not immediately.
In this astonishing, eye-opening intervention, world-leading philosopher and economist Ingrid Robeyns exposes the true extent of our wealth problem, which has spent the past fifty years silently spiralling out of control. In moral, political, economic, social, environmental and psychological terms, she shows, extreme wealth is not only unjustifiable but harmful to us all - the rich included.
In place of our current system, Robeyns offers a breathtakingly clear alternative: limitarianism. The answer to so many of the problems posed by neoliberal capitalism - and the opportunity for a vastly better world - lies in placing a hard limit on the wealth …
We all notice when the poor get poorer: when there are more rough sleepers and food bank queues start to grow. But if the rich become richer, there is nothing much to see in public and, for most of us, daily life doesn't change. Or at least, not immediately.
In this astonishing, eye-opening intervention, world-leading philosopher and economist Ingrid Robeyns exposes the true extent of our wealth problem, which has spent the past fifty years silently spiralling out of control. In moral, political, economic, social, environmental and psychological terms, she shows, extreme wealth is not only unjustifiable but harmful to us all - the rich included.
In place of our current system, Robeyns offers a breathtakingly clear alternative: limitarianism. The answer to so many of the problems posed by neoliberal capitalism - and the opportunity for a vastly better world - lies in placing a hard limit on the wealth that any one person can accumulate. Because no-one should have more than ten million, and no one needs more than one million. Not even you.
A clear case for what seems like it should be an utterly self-evident policy. Only the brain worms of neoliberalism keep us from understanding what villagers with pitchforks always have.
Limitarianism is an ethical framework advocating for limiting excess wealth and redistributing to the benefit of wider society. The book builds its case by historically analyzing the rise of inequality over the past 50 years through global neoliberal policy; the social problems that inequality cause or exacerbate; how taking a Limitarian stance could improve things for everyone including the wealthy; and what needs to be done to get there. She starts off the book with her proposal that there be a “political” wealth cap of 10mm $/€/£ per person, and an ethical limit of 1mm $/€/£ per person. Basically, she comes out of the book fighting. Then, throughout the author provides many shocking statistics and refers to many different academic studies. Furthermore, she runs though many of the counter arguments that have been posed to her by the public and the media, naming and taking apart each objection as a …
Limitarianism is an ethical framework advocating for limiting excess wealth and redistributing to the benefit of wider society. The book builds its case by historically analyzing the rise of inequality over the past 50 years through global neoliberal policy; the social problems that inequality cause or exacerbate; how taking a Limitarian stance could improve things for everyone including the wealthy; and what needs to be done to get there. She starts off the book with her proposal that there be a “political” wealth cap of 10mm $/€/£ per person, and an ethical limit of 1mm $/€/£ per person. Basically, she comes out of the book fighting. Then, throughout the author provides many shocking statistics and refers to many different academic studies. Furthermore, she runs though many of the counter arguments that have been posed to her by the public and the media, naming and taking apart each objection as a trained philosopher should. She brings a lot to the fight, and in the end settles basically on a strong welfare state (I would like to a see an anarchist argument). Altogether is a strong package. It is not the kind of thing you pass to the proverbial conservative uncle at the Thanksgiving dinner table. He will scoff, reject it outright, and recommend Thomas Sowell or some other ghoul. But for people who do not pray to Ludwig von Mises or one of the Mont Pelerin set, but do not necissarly have a strong critical bent or are not as politically aware, it might serve as a good catch-me-up and help them understand why they think we might be in the Bad Timeline. I really appreciate Robeyns’s call at the end for more political engagement by regular people. Our democratic muscles have atrophied in the decades of consumerist atomization. As the classic Graeber quote goes, “The ultimate, hidden truth of the world is that it is something that we make, and could just as easily make differently.”
