Still following the article published in Nature on August 20, that showed that it would cost just 1% of global GDP per year to implement the Paris agreement, and a mere 5% of global GDP each year to implement the Sustainable Development Goals, it makes sense to remember S.L.Mansholt (image above), a Dutch politician who served as Vice-President of the European Commission also known for having coined the phrase Gross National Happiness (GNH) in 1972 as an alternative for GDP, a concept which is especially relevant in the context of the current apocalyptic climate emergency and especially in the context of Frans Timmermans (EU Executive Vice-President) recent words when he said that his grandson will have to fight with other human beings for water and food.
In this context, it is important to remember the study that showed happiness increases with individual income until a threshold of 35,000 USD per year (at least for European countries) meaning that the suggestion of a maximum wealth-income cap of about 190 million USD that was suggested in the post below can hardly be considered a communist one https://pacheco-torgal.blogspot.com/2019/12/can-190-million-usd-threshold-be.html
PS - Let´s also not forget the article published in February of this year where one can read the following inescapable truth: "As the efficiency as with which we make use of Eart´s finite bounty is bounded (by the laws of physics), there is necessarily some maximum sustainable level of GDP"
