We should tax wealth apart from income...and put a backstop to prevent capital flight

[sulphurdunn]

156. The world

you envision can sustain a human population of at most 500 million people and probably far fewer. That indeed is the most likely future. I am unwilling, personally, to not resist that outcome, if for no other reason that the collapse of modern civilization would doom billions of human beings, and I will not advocate for that. Furthermore, since we will have used up all the easily available resources, it is unlikely that anything but the most basic agrarian civilization will ever again rise on this planet, and our descendants will believe that the stars are the spirits of dead ancestors rather than travel to the stars and evolve into other (hopefully better) species. I would avoid the extinction of humanity. Returning to the past assures it. We may be the only sentient species, the only species that looks into the night sky and sees the universe looking back. It's unlikely but not impossible. We need to move forward. If we do not make peace with our natural environment, using advanced technologies, we will be using stone tools again, if any of us survive. I would rather billions upon billions of others live after us over a period of eons and eons than live as hunter gatherers or subsistence agriculturalist until our inevitable extinction.