What you've described is close to Georgism, which holds that people should only be able to own wealth they produce themselves by their own labor, and that wealt

What you've described is close to Georgism, which holds that people should only be able to own wealth they produce themselves by their own labor, and that wealth from 'rent seeking' (land rents, natural resources, natural monopolies) should belong to everyone. https://en.wikipedia.org/wiki/Georgism https://en.wikipedia.org/wiki/Georgism