I think that argument is not valid. The "ultra rich" would benefit from any kind of capitalistic economy, they are "ultra rich" because they have more capital t

I think that argument is not valid. The "ultra rich" would benefit from any kind of capitalistic economy, they are "ultra rich" because they have more capital than 99.9% ( or whatever) of the population. And most of this fortune stems from having shares in businesses. However, IF we would have taxed the greenhouse gas emissions into every product, maybe not even the middle class would have been able to afford it. But since gas was cheap, a lot of people were able to afford having a car, building houses, getting to their jobs without moving their homes and were able to improve their lives. I do see the point in your argument, I just think it would be a fairer solution to tax everyone for the climate change linear to their consumption.