Abstract
The rich have two defining capabilities: independence from and command over others. These make being wealthy very pleasant indeed, but they are also toxic to democracy. First, I analyse the mechanisms by which the presence of very wealthy individuals undermines the two pillars of liberal democracy, equality of citizenship and legitimate social choice. Second, I make a radical proposal. If we value the preservation of democracy we must limit the amount of wealth any individual can have and still be a citizen of our polity
| Original language | English |
|---|---|
| Pages (from-to) | 19-28 |
| Journal | Krisis |
| Volume | 2016 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 2016 |
| Externally published | Yes |
Keywords
- Democracy
- Piketty
- Capitalism
- Wealthy Inequality