My ideal setup if I was running the world, would be capitalism, but with a maximum income for anyone one person, maybe $500,000 a year.
That would allow anyone hugely talented to get fairly rich, but when you hear figures like some CEOs earning over 530 times their company's lowest earners, it's just obscene and unnecessary.
There's a point where you pass 'luxury living' and it just becomes a status symbol to prove you're better than someone else.
The way I see it, if it was illegal to earn more than a certain amount, they'd have to employ more people , and pay them a suitable wage, when I hear of the near levels or poverty in America, when it comes to minimum wage workers, its kinda sick really, for the land of prosperity, that can afford to throw £3billion a week at Iraq, but the masses who hold the country up by doing all the hard work can't afford basic medical care.
By the way, yes, I KNOW there's millions of people starving and dying and living on a few cents a day in the third world, but my point is damn, we can't even look after our own people. I'm not saying we shouldn't, but if the wealth was spread around a bit more, maybe we could afford to feed everyone.
I oughta state I'm not sure how I could make it work, as it would have to be worldwide, or, as now, the moment anyone became successful they would just move their accounts out of the country to avoid the taxes, or my limit. Which pisses me off no end, when someone grows up in my country, learns their skills, gets the promotion and the breaks to become famous and top of their field, then does all they can to avoid dropping some of their huge profits back into the system.
For me tho, no 'extreme' version of any of them will really work well.
I dislike the current system where it seems that unless you are famous, the only way to be successful is to be heartless to others and stamp on other people as you climb up the ladder.
Yes I'm a hippy and should go back to Russia, I'm sure.