jonnycomputer didn't propose redirecting that wealth or increasing the cost for redistribution (e.g., a consumption tax), just that only "yacht enthusiast cooperatives" would be able to afford them.
It's a crabs-in-a-bucket mentality that says it's OK to be in the ultra-rich club that can wastefully spend $mega for a yacht club membership, but not $mega++ to buy it. And specifically "large yacht" - so conspicuous consumption is OK, but not beyond his personal threshold.
You could say the same thing at every level: In my preferred world, no one would be able to afford a vacation home, only time-shares. Or a private automobile, only ride-shares.
It's a crabs-in-a-bucket mentality that says it's OK to be in the ultra-rich club that can wastefully spend $mega for a yacht club membership, but not $mega++ to buy it. And specifically "large yacht" - so conspicuous consumption is OK, but not beyond his personal threshold.
You could say the same thing at every level: In my preferred world, no one would be able to afford a vacation home, only time-shares. Or a private automobile, only ride-shares.