Ok. Let’s do a little exercise, then.

Assuming you’re a working class person, are you motivated by the hope of becoming a billionaire? Is that what drives you to go to work or take a chance at starting a business of your own?

If that dream was capped at 20m, would that stop you from trying to be successful? Is there anything in the world that you covet that exceeds 20m? Or even 10m.

I won’t wait for your personal answer. I don’t think it’d far fetched to say that for most people, their answer would be that it doesn’t make a difference. Achieving 20m would be a dream and give them a far more comfortable life than they have now.

And if they reached that 20m, they’d either retire and give the next generation a chance at the reins, or keep working but necessarily focus more on their employee/customer happiness, because there’s no reason to be exceedingly greedy except as a ego scoreboard thing.

That doesn’t stop innovation, it just means that more will innovate and thrive because fewer will clutch onto their throne and kick others down.