It does cap the wildest, antisocial forms of success that are insane excess.
Progressive taxation should mean you can never gain enough power, which capital is, to warp your society with power beyond your single vote, whether that power is expressed through direct bribery, lobbying, or mass media propaganda to try to trick your fellow citizens into voting and advocating against their own interests with your booming, capital powered voice that drowns out those you disagree with merely because you’ve exploited more capital into your private account than others.
I don’t see any shame, horror, or problem with putting a hard cap on how much an individual can accumulate, as other people live here too.
Despite what Elon Musk believes, this whole planet shouldn’t be his personal playground, but that’s what it means to become a trillionaire, entire governments will bow at your feet. That’s perverse. No unelected, unaccountable individual should hold so much power, unless humanity wants to live in a hell of its own making.






A nation can enrich it’s elites in the short term at the expense of its people, or it can invest in its people (education, commons, etc) at the expense of its elites.
The west, and especially my cesspool the US has made its choice.
China has been heavily building up its commons and infrastructure in the same 40 year span the US has let its commons and education fall into utter ruin in order to sell economically segregated education and gated communities for private profit.
The US is culturally indoctrinated to be hostile towards the very concept of society. Imagine resenting paying into universal healthcare because you don’t want to accidentally pay for your countrymen’s “bad decisions” like… Eating food.
I go on Rednote quite a bit. The US attitude towards China, just like non pure crony capitalism is “they are evil and from hell” for being a society. Their people, not their politicians, their people, are sweet, intelligent, and mostly treat Americans with an “are you guys OK? We’ve heard (true) horror stories.”
Thats humanity. Why would I want my schaudenfreude and greed ruled cesspool to “win?” It’s not about winning, it’s about the wellbeing of ALL your people. If the US dominates the world culturally, all that would mean is that humanity stands for “fuck you I got mine” at which point I have no comradery with my species whatsoever.
Actual human worth/value is measured in empathy for one another, which makes the US destitude in what matters.