Reminds me of this not-so-old thread -
The critics always concentrate on the income-side, that it’s egocentric, not a productive income, etc etc
But Mustachianism is at least 50% about the expenses side.
My version: “…people should not be allowed to consume the amounts consumed in 1st world societies (and increasingly in countries aspiring to this level), these consumers contribute to excessive wasteful consumption leading to a downward spiral to ecological disaster.”
Unsustainable discretionary consumption should be taxed to be affordable to all, but only on a more moderate level. These taxes can be used to subsidize non-discretionary consumption and innovation for a better world (ecologically).
As @Julianek put it in the other thread, “Consumption is not the engine of society. Investment and innovation are.”
I estimate today’s innovation investment is 90% about consumption, imagine an innovation not only based on the next gadget or faster car or