Society is currently not ideally structured to realise much of human potential (setting aside how some individuals with immense initiative will nevertheless suc

Society is currently not ideally structured to realise much of human potential (setting aside how some individuals with immense initiative will nevertheless succeed). Piketty has described how wealth concentration arises and is perpetuated and has drawn a link to reduced overall productivity. He has also proposed a wealth tax to circulate cash and resources to combat stagnation and inequality - your tax proposals on capital seem similar. A change in the distribution of income across society might lead to an uplift in the origination and development of new concepts and ideas, but to tackle some ideas will still demand hubs of resource concentration in some fields, e.g. CERN, pharma labs, space exploration, quantum computing, etc. Perhaps enabling many more nuclei of independent development will result in a snowballing effect which will ultimately create more of these large scale resource hubs, but even so I think that there will have to be an adjustment in the collaborative protocols we use to really significantly increase the growth, development and employment of talent and potential that is latent and currently wasted. Still, a great and relevant article.