Does India work like Resource Bound Democracy Model
No, India does not work like this While India shares some intentions (like preventing monopolies), its actual system is almost the opposite of the "Resource-Bound Democracy" model you proposed. Here is a breakdown of how India compares to your model: 1. The Wealth Ceiling (Your Core Idea) My Model: Has a mathematical limit (Wₘₐₓ) on how much wealth one person can own. If you go above it, 100% of the excess is returned to the public. India's Reality: There is no wealth limit. In fact, India abolished its Wealth Tax in 2015. Currently, you can accumulate infinite wealth in India. The top 1% of Indians hold over 40% of the country's total wealth , which is one of the highest concentration rates in the world. Your model defines this as the "Democratic Instability Zone." 2. The Overflow Mechanism (Public Good) Your Model: Excess wealth automatically funds innovation, healthcare, and education. India's Reality: India has a "soft" version of ...