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Excerpts from the article...
Here's the link:
It’s Basically Just Immoral To Be Rich | Current Affairs
(“I don’t hate capitalism, I just hate rich people” is a perfectly legitimate and consistent perspective.)
I therefore think there is a sort of deflection that goes on with defences of wealth. If we find it appalling that there are so many rich people in a time of need, we are asked to consider questions of acquisition rather than questions of retention. The retention question, after all, is much harder for a wealthy person to answer. It’s one thing to argue that you got rich legitimately. It’s another to explain why you feel justified in spending your wealth upon houses and sculptures rather than helping some struggling people pay their rent or paying off a bunch of student loans or saving thousands of people from dying of malaria. There may be nothing unseemly about the process by which a basketball player earns his millions (we can debate this). But there’s certainly something unseemly about having those millions. "
"We can define something like a “maximum moral income” beyond which it’s obviously inexcusable not to give away all of your money. It might be 5o thousand. Call it 100, though. Per person. With an additional 50 allowed per child. This means two parents with a child can still earn $250,000! That’s so much money. And you can keep it. But everyone who earns anything beyond it is obligated to give the excess away in its entirety. The refusal to do so means intentionally allowing others to suffer, a statement which is true regardless of whether you “earned” or “deserved” the income you were originally given. (Personally, I think the maximum moral income is probably much lower, but let’s just set it here so that everyone can agree on it. I do tend to think that moral requirements should be attainable in practice, and a $30k threshold would actually require people experience some deprivation whereas a $100k threshold indisputably still leaves you with an incredibly comfortable lifestyle better than almost any other had by anyone in history.)"
Here's the link:
It’s Basically Just Immoral To Be Rich | Current Affairs
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