Mahatma Gandhi: I think it would be a good idea.
What Gandhi once said tongue-in-cheek, you can say also about American Democracy today."We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both."
-Louis D. Brandeis, US Supreme Court Justice from 1916 to 1939. I agree - except I would substitute "power" for "wealth".Balance of power is a desirable goal in itself. That's what Democracy is about. But concentration of wealth is not a problem in itself; it becomes a problem when it's part of a system that enriches a few who exploit the many to get rich, get elected, to get away with committing crimes (white collar or not).
In other words, it's about the power imbalance that comes with money - not money itself. An ideal democracy wouldn't have this problem.
I don't care how rich the richest get…