If true, the “every billionaire is a policy failure” idea is woefully incomplete. $999M would still be a policy failure; $10B is a bigger failure than $1B. It’s a non-binary spectrum, then, where any amount of wealth creation is some degree of failure. Therein lies the problem.
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Haha while there would have to be an arbitrary “0% bad to more than 0% bad” point it would be feasible for it to go from 0%-1% over $100MM - $500MM and then quickly start ramping from there, or something like that.
Eager to see a proposed chart that shows magnitude of policy failure vs net worth.
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Probably more likely to be a chart of policy failure vs wealth inequality, but it’s still another case of punishing unequal outcomes rather than supporting more equal opportunities
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