There is another case for taxing the rich and reducing inequality that is often missed – the ecological perspective. All of these things, whether food to feed ourselves, or a sporty vehicle to feel good about ourselves, involve the use of energy and natural resources. As natural resources become increasingly scarce, only the very rich will be able to afford things. We obviously need natural resources to live well; every species has an exchange with the natural world by which it derives sustenance and recycles waste. This is why the idea of continued financial wealth creation is such a flawed concept at this point in human history.

Source: Stuff May 18, 2022 22:04 UTC