Comment
Comment by entrope
We've seen what happens when people decide to confiscate wealth with promises of good living standards for everyone. It has never delivered on those promises, always lowered median living standards, and usually led to lots of deaths. I can't think of a single example where recovery from a confiscatory regime has taken less than 40 years, except arguably Cambodia, and most of them are still ongoing. Do you want Democratic Kampuchea as a best-case outcome?