I use the concept of policy paradigm to discuss the emergence of a new way of addressing inequality in post-growth worlds. Within this paradigm, extreme wealth becomes a problem to be regulated, and income and wealth caps emerge as central policy tools.
I use the concept of policy paradigm to discuss the emergence of a new way of addressing inequality in post-growth worlds. Within this paradigm, extreme wealth becomes a problem to be regulated, and income and wealth caps emerge as central policy tools.
Chapter 2 develops a framework identifying seven key parameters for designing income and wealth caps. It also analyses the political contexts in which such measures were introduced during the 20th century – and how they succeeded in reducing inequality.
Chapter 2 develops a framework identifying seven key parameters for designing income and wealth caps. It also analyses the political contexts in which such measures were introduced during the 20th century – and how they succeeded in reducing inequality.
Chapter 1 explains why extreme wealth is both a social and ecological issue, and how income and wealth caps can address it. I argue that these policies are transformative because they challenge the capitalist logic that underlies today’s crises.
Chapter 1 explains why extreme wealth is both a social and ecological issue, and how income and wealth caps can address it. I argue that these policies are transformative because they challenge the capitalist logic that underlies today’s crises.