I think that, somewhere north of $1 ~ $5 million is life-changing on its own. There’s no need for someone to have tens of millions or hundreds of millions. Tens of millions is like, changing multiple lives in a family with how much that can stretch.
Whenever someone has billions to their name, it is boggling to think about. That it becomes just ‘fuck you’ money at that point because more often than not, not a lot of billionaires out there being charitable. When they know they’re set for a few lifetimes just by a single billion alone.
No single person should ever have that amount of gross wealth.
When you say “make”, do you mean extract?
I’ve heard Wall St destroy over 7 times as much wealth as they “make” from us.
I’ve also heard salaries over $£€70,000 no longer increase happiness. (Though, that was a few years ago… so, adjust for devaluation.).
More than what should a UBI be set to, if all the emancipatory technologies ceased being suppressed, and instead were proliferated to the benefit of each and all… would we even need money any more?
No, that study was debunked. Turns out that some subset of unhappy people will remain unhappy even if you give them all the money in the world, so looking purely at the least happy people in America, you’ll notice that their happiness stops going up at $75,000 in 2010 dollars. But if you focus on people who are already on the happier side of the spectrum, more money keeps buying them more happiness, even if the slope of that relationship tapers a bit.
Side note, the way the two sides reconciled their methodologies, that produced different results, was a really interesting way to perform science, and should be followed in the future whenever there are well respected studies that contradict each other.
Given “Listen to those who seek the truth. Run from those who claim to have found it.”
*runs*
*runs harder*