> It's all about allocating capital. I completely agree. However, I propose we put a serious damper on growth. Now, I know I cannot effectively or efficiently

> It's all about allocating capital. I completely agree. However, I propose we put a serious damper on growth. Now, I know I cannot effectively or efficiently dictate how capital is allocated but we can do something almost as good. We can try to disassociate risk and reward. It is my sincere beliefs that the inventions, the discoveries, and the creation of useful arts will take place sooner or later even without the motivation of the 100x gains. It might take a few years, decades, or centuries but we will get there. Yes, the plan requires a hint of central planning but I think it is acceptable. The more I think about this the more I am convinced that an effective maximum yearly individual income is pivotal to the success of our society going forward. If adding the value of perks would amount to the annual maximum income would push someone over the maximum individual income then they should rightfully pay the correct income tax on the sum over the maximum income (which I tentatively set at 100 * 2000 * minimum wage per hour, it ought to be lower but we need to be pragmatic). The reason we need to spend so much money on everything and we need 100x gains is that our enterprises have become too top heavy. The only "simple" way to curtail it that I can think of is to impose a maximum personal income (above which we tax away a large part, lets say 90% of the income). We can make it something more palatable. We have the ability to do it. We just need the will power to effect this tweak in the way our society rewards people. > Meanwhile billionaire Larry Ellison leased his own aircraft to the company he runs for $1.5 million. (source http://www.bloomberg.com/news/articles/2014-05-02/ceos-take-leisure-trips-on-corporate-jets-as-stigma-wanes http://www.bloomberg.com/news/articles/2014-05-02/ceos-take-... ) Now this idea isn't perfect. Right away I can think of a way people will try to game the system by "packing" the board of directors with nephews, nieces, children, grandchildren, butlers, and maids of the corporate officers. I don't have a solution to this yet but I am sure we can fix these bugs as we see them in production. The idea is to get the ball rolling and iterate as we go.