It’s hilarious how Musk is the wealthiest with multiple businesses that are actively failing and cannot make a solid case for their valuation without going into fantasy scenarios.

So now Musk is richer than the next four richest combined?

I think this is getting a little out of control.

All billionaires should be stripped of their wealth over 999 million and given to the rest of the world

The five wealthiest people who show up on the lists.

I love how Musks conpanies keep losing money yet somehow the stupid fake value just keeps growing.

I hate speculative capitalism so much

It’s ridiculous that they could give away $1bn/yr in charity projects and they’d still be billionaires when they’ll finally die

Not unless we stop them.

If we all just collectively decided to eat the top one every week, the problem would just sort itself out after a month or so.

Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

Corporations are the only ‘persons’ which should be subjected to capital punishment, but trillionaires should be forced to transition into billionaires, and billionaires should be euthanised through taxation.

It's going to continue to accelerate to a kind of feudalism where they own everything. Democracy or even capitalism itself can't survive this.

They will stop once we have eaten a few of them.

Yup. Ben Norton did a good piece on this topic a few days ago.

https://www.youtube.com/watch?v=Dj-hd3l4dSo

The graph (iirc about half way through maybe), with his added coloured blocks for the different eras lends some superb clarity to what's going on, the political philosophy shifting phases of accelerated worsening, and how bad it is, as in how much worse it is contrast to the worst time in history...

What we have now, makes the guilded age look like some kind of egalitarian paradi~~ well, maybe not paradise, but more egalitarian... much less egregious than would have been seen in the keynesian phase. How little they knew, of how much worse it could get, and was going to get. Pesky marketing, in rebranding same old corporate fascism as "neo-liberalism". Many likely not bothering with the term neo-feudalism, preferring the delusion there's anything "liberal" still going on. As if that limp thing were even enough to do any more than pretence on slowing down the consolidation of wealth and power even if it were what it's best definitions and ideals pronounce.

And the average person is not even a pixel.

If they were going to stop on their own they would have by now

So did Musk win? Is he done now?

This is a disaster awaiting to happen. We should prepare our communities for when SHTF

https://lemmy.dbzer0.com/post/71026299

Where’s that worthless piece of dickskin Larry Ellison?

They will be stopped by Democratic process (lol) or by an undemocratic one.

For now they still have the power of choice. I wonder how much longer that will be true.

As their wealth goes up, the available money goes down and we all work harder for less.