How Rich is Too Rich? Measuring the Riches Line

Author:

Robeyns IngridORCID,Buskens VincentORCID,van de Rijt ArnoutORCID,Vergeldt NinaORCID,van der Lippe TanjaORCID

Abstract

AbstractIs it possible to identify a ‘riches line’, distinguishing the ‘rich’ from the ‘super-rich’? Recent work in political philosophy suggests that this istheoreticallypossible. This study examines for the first time theempiricalplausibility of a riches line, based on novel data collected from a representative sample of the Dutch population. The data reveal that the Dutch indeed draw such a line, namely between 1 and 3 million euros. Strikingly, respondents agree on its approximate location irrespective of their own income and education. Although most do not consider extreme wealth itself a severe problem and object to the government’s enforcement of limits to wealth and income, widespread support exists for increased taxation of the super-rich if that would improve the quality of life of the most vulnerable members of society.

Funder

H2020 European Research Council

Utrecht University

Publisher

Springer Science and Business Media LLC

Subject

General Social Sciences,Sociology and Political Science,Arts and Humanities (miscellaneous),Developmental and Educational Psychology

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