feel like i see this headline every year
post
Thieves
The rich get richer and the poor get poorer. This doesn't stop without specific intervention.
Headline misspelled "stole"
Awesome, more trickle down for the rest of us, right. Right?
I hope people are getting hungry…in GTA
"Added" my ass. They STOLE $2.2tn from the working people. They literally took it out from the mouths of starving families, struggling single mothers and fathers, while providing little to no value for all their greed.
If I mathed right, that's roughly $8,800 per U.S. citizen. That is truly fucked up.
Parasites masquerading as geniuses.
Hoarding currency is a mental illness.
At this point reality needs a maximum high score. Like, you make $100 billion and the arguments about taxes just stop, you just literally do not make any more money, because why.
What good society would allow this? When seen what it is - literally human life turned into currency through effort - I find it hard to explain letting one person horde this much without using the word "evil."
Every year society should take the top 3 billionaires and forcibly redistribute all of their wealth. Let them fight each other for #4
I think this is exactly why the likes of Thiel stroke off to things like the book The Sovereign Individual. Or get giddy when they hear the ramblings of that idiot Curtis Yarvin.
They imagine a world where they can put their wealth entirely beyond the reach of anyone, no matter what. They think that government is just about buying protection/services at the lowest cost in order to preserve wealth, and they should pay nothing above that.
That's the basic thrust of The Sovereign Individual, really - that the wealthy "creatives" LOL are having all their gains stolen to support people that are just unworthy and they are paying way too much to the "welfare state", etc. The "sovereign individual" should be able to pick up their money and go anywhere that is willing to offer up their "services" at the very lowest cost, and with things like digital currency, no nasty governments should be able to get at that money - ironically, these people are basically talking about "open borders", but only for the very high-performing people, the people they naturally assume are themselves, of course. Everyone else should be stuck in increasingly failed high-tax welfare states where there is no one else to "exploit" by taxation, etc...
They live in constant fear that a population may actually wake the fuck up, and actually elect people that can do something about all those ill-gotten gains and undue influence and dream about a scenario where they can just float wherever and no one is allowed to touch their precious.
And how much did they contribute back to the countries that allowed them to amass that ridiculous amount of wealth?
So when are we finally going to stop this, stop the billionaires?
We need laws that put hard caps on ownership and personal wealth. Nobody should be able to have a net worth of over, say, 10 million dollars. Any income over that should be taxed 100% until the person goes below the 10 million line
We done even need different economic systems, capitalism works well to generate wealth, that is fine, we just need to put rules on where that wealth goes.
With taxes, that is a simple fix.
Imagine if you will, if nobody can be worth over 10M, and companies het similarly capped at, say, 1 billion.
You have a company worth 1 billion? You can't have a single owner because of the 10M cap. You'll end up with many ay more smaller companies or bigger companies with loads of small share holders. Companies can compete and grow but the perverse incentives of endless growth would be gone. Companies can finally focus on the end consumers again, and make better products
Meanwhile governments get a huge tax influx, that can be used to fund independent investment foundations that help new startups with funding and professional help to get your new company started
That tax money could be used as well to fund free healthcare, free education, maybe even universal income. We could eradicate the poor.
People could stop focusing on survival and start focusing on living and loving.
I dunno, there are loads of details missing, of course, but this sounds like something doable.
Government is our only defense against robber barons. If any government allows itself to be controlled by billionaires, there's NO REASON for the government. It's just a super expensive middleman.
It’s incredible they all work so hard while also shit posting 24/7 and dressing like trash.
What's fucked up is there is a Bloomberg Billionaires Index. What the fuck is this hero worship slobbering
That's nothing. In 2026 they'll at least double that, guaranteed.
What's the number after trillion? Might as well find out soon because there is no stopping the greed juggernaut.
People still give them money
Every "conservative" I've ever talked to is ready to explain the federal reserve, democracy vs republic and some other generally useless information considering the potus is a felonious rapist.
Nazi’s and facists are far left?lol this is propaganda and misinformation. You really believe that being “represented” by people who are literally owned by Israel and the oligarchs is better than democracy? Look around that’s easy to debunk. Believing this nonsense would be a good example of falling into the tankie mindset.
there's multiple ways to deal with that. i just want to name a few:
- in the past, many countries in europe did it like that that companies are still privately owned, but the companies have to fulfill government-dictated regulation, such as restricting environmental pollution, making sure working conditions for humans are safe, making sure human workers have enough holidays and time off, and such
- a possible alternative that's often discussed is repossessing the companies entirely, such that the companies become the possession of either the state or the people. i want to comment that there is essentially a mechanism to do this, which is taxation. taxation today is already a mechanism to move wealth from a person or organization to the state. it just has to actually be used properly.
- i'm too lazy to list more options rn
Singapore has low taxes and high public spending, due to the government owning significant shares in all the major companies there. Public services are funded from the dividends. There's the added bonus that the government have people on the Board of Directors to prevent any anti-consumer or anti-competitive corporate shenanigans before they start, rather than having to challenge it in court later on.
The US or UK occasionally buy shares in companies to bail them out, but always flake out a few years later and sell them for a quick pre-election cash injection.
yeah i'm actually a big fan of state-run companies, such as schools and medical facilities and transport companies (they are companies too, think about it. just not for-profit companies, but public-benefit companies). i'm even thinking it maybe could be extended a little further to make maybe 30% of the apartments in a city city-owned.

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