Correct
Billionaires aren't supposed to exist. There isn't any intrinsic human right that says that I have the right to hoard all resources to the level that I have the same as millions not people together.
The only reason they do exist is because we, the million people, don't stand up and make it stop
I'd say, setup a new law that taxes networth. Have a dozen of tax brackets, the lowest being 0% for the poor, but reaching, say, 10 million dollars, the taxes go to 100%. Once you reach that, you can't get any richer, all your surplus income.goes to the state which can use all that money for a shit tonne of social systems like free healthcare, free education, free basic food, free basic housing, universal income, and so on.
Own a company? That's part of your networth. Your company gets worth more? Get other shareholders in. Companies too should be limited in maximum size to 1 billion networth and 1000 employees max.
This way no one gets too rich, no one gets to be poor
This way we can keep the freedom and raw power of capitalism, yet have a good strong socialist system in place


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