this post was submitted on 25 Nov 2025
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Explain Like I'm Five
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I think socialism is awesome but capitalism, when highly restrained, is more effective at generating capital.
I think a few fairly simple steps can merge the best of both.
Limit personal net worth to, say, 01 million dollars. Companies can have a networth of, say, 1 billion tops. Below that, put like 10 or so tax brackets, the more you're worth, the more you pay tax. Anything over those limits goes 100% to tax
This favors many smaller companies working together instead of one huge monster that can't even take care of itself and requires regular bailouts
The tax income will be more than enough to support a large socialist system that can take care of free education, free healthcare, etc, hell, even universal basic income
Best of capital generation,best of socialism.
I would take it a step further and say all corporations must be worker-owned. Every employee has an equal share, and maybe there is a probationary period along with that to weed out the bad eggs. This alone naturally encourages organic growth (among other, greater benefits) because any new hire will divide the pie further.
Mmmm, sort of, I guess, depending a little on who does what different percentages maybe? A guy who does 4 hours vs a girly that works 8 hour day, for example, but yeah, there should be something like that
I still want to reward founders too, you need people to start something new, give them a bigger % or something, but those are details
Either way, if nobody can be filth rich anymore we should be able to get to a stable point where all people can work way less, where we focus less on consumerism, focus more on life.