One Degree wrote:
I don’t deny that is a problem. It is also a problem I don’t have a solution to. Inheritance tax strikes me wrong also.
Edit: Actually that is not true but the solution is in my ideal world of only allowing local ownership. The wealthy then become an asset to the community because they can’t invest their money anywhere else.
This edit and your signature marks you as an idealist.
For example, with no investment except local ones, it will make it much harder for poor nations to get ahead.
Of course, capitalism doesn't seem much better because it takes a large cut off the top. This sucks all the benefit out of the poor nation. If capitalists took less it might be better. However, to have no foreign investment at all seems worse to me. Does your rule also keep one from lending except locally?
. . . Your dream seems unlikely also. For example, at the sea coast some of your nations will be very small. And what about small islands like Toga. How do you keep nations from invading their neighbors? Etc.