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.
Unfortunately the 1 million dollar net worth would have to be modified by location. If the average house is hitting a half million most places, and passing $1 some places, they need to at least be able to be worth slightly more than their residence.
My idea requires some more work
I think this only works on a world wide scale. Make salaries all the same everywhere, one world coin.
Houses are currently extremely overvalued, real value for most houses is easily 3X less than they go for now
Most houses could go for under a million. Two people live there, a 10M cap gets you very nice house with loads of room to spare, still.
If anything, the 10 million cap seems too high still