• Phoenixz@lemmy.ca
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    1 day ago

    And yet it isn’t enough, they still want more more more.

    Soon a single person will have as much as the bottom 50% and it still won’t be enough

    when will it be enough that we stop this?

    Net wealth MIST be capped. Taxes could be a great tool for this, after a max level, everything above goes 100% to taxes. I don’t know at what level that cap should be, but it’s definitely less than billion, definitely less than 100 million, definitely less than 25 million.

    There is no right to a crazy high net worth, and the only reason that people can is because we don’t cap it. So, cap it. World wide. There is no reason to have a netwoth of over 25 million. Have it all go to taxes so that governments get a huge monetary boost that can be used for free healthcare, free education, free infrastructure, hell, maybe even universal income

    With that we also take the power away. No longer will we have to deal with absolute lucky idiots like Sam Altman or Elmo Musk whose sole reasons for being this shit ass rich are being lucky and a loooong list of lies.

    • Alexander@sopuli.xyz
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      1 day ago

      But then we’d get back to authoritarian society where some random representative would have resources to usurp. Taxes will solve nothing. No, we’ve got to dismantle the whole concept of superpowers, accumulation, and capitalism. We have enough just to feed everyone and educate all who want to be educated.

      • Blue_Morpho@lemmy.world
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        22 hours ago

        But then we’d get back to authoritarian society where some random representative would have resources to usurp.

        How does that follow yet dismantling all current systems wouldn’t cause the same problem?

        The answer is taxes. It’s simple and effective without any revolution that would likely result in an authoritarian regime. It’s a lack of taxes which allows authoritarians to flourish because the money they centralize is power. Distribute the money and you distribute the power.

  • jballs@sh.itjust.works
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    2 days ago

    The world’s wealthiest eight men control net wealth of $426 billion, based on estimates from Forbes.

    Took me until this sentence to realize this article was from 2017. Muskrat is getting close to that all by himself - I saw something the other day that had him around $350 billion.

    I’m sure the numbers are much much worse than they were 8 years ago.

  • vogo13@sh.itjust.works
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    2 days ago

    “Fascism should more properly be called corporatism because it is the merger of state and corporate power.” - Benito Mussolini

    A private equity business owner just became willingly elected as prime minister of Canada. Mussolini and Hitler have been resurrected.

  • nonentity@sh.itjust.works
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    2 days ago

    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 billionaires should be euthanised through taxation.

    • Bennyboybumberchums@lemmy.world
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      1 day ago

      In deed. At some point, say 100 million for arguments sake. Once you accumulate that much wealth, you are taxed at 100%. You may not own, or make, anything above that number through any means. Forced retirement would also be something to think about. Giving younger generations a chance to make a life for themselves as well.

      Society as a whole, would flourish.

    • buttnugget@lemmy.world
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      1 day ago

      Calling it “financial obesity” makes it sound innocuous or even good. Wealth hoarding is treason.

      • nonentity@sh.itjust.works
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        1 day ago

        This is either slop from a refried prompt, or an act of Olympic calibre mental gymnastics.

        Obesity is always a threat to the health of any system where the term is invoked. Its tolerance and normalisation is functionally suicidal.

  • Yerbouti@sh.itjust.works
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    2 days ago

    It’s just a matter of time before all that wealth flows down and everyone gets rich. Trust the system, it’s working as intended.

  • nucleative@lemmy.world
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    1 day ago

    And not one of them can walk down the street in any city he wants at any time.

    Prisoners in their own chains.

  • ZoopZeZoop@lemmy.world
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    2 days ago

    Panels are in the wrong order. It should either be 3, 1, 2, 4 or 3, 2, 1, 4. These orders offer different feelings to the progression. Either way, you have to set the stage for the joke with 3.

  • Basic Glitch@sh.itjust.works
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    2 days ago

    #8 Michael Bloomberg: $40 billion

    #7 Larry Ellison: $43.6 billion

    #6 Mark Zuckerberg: $44.6 billion

    #5 Jeff Bezos: $45.2 billion

    #4 Carlos Slim Helu: $50 billion

    #3 Warren Buffett: $60.8 billion

    #2 Amancio Ortega: $67 billion

    #1 Bill Gates: $75 billion

    I don’t even buy these are the richest men bc I’m sure the richest men in the world would: A. never be named in a magazine list like this without suing, B. Likely have more wealth and assets that are unreported than they do reported. Also, didn’t Peter Thiel recently become a trillionaire?

    Regardless, I do just want to point out what most of the richest men in the world have in common, is a strong belief in natural heirarchies and social darwinism.

    This list is supposed to exemplify survival of the fittest, or those “chosen by God” to rule over the rest of us…? I can’t even imagine how sickly the men on the real list would look.

    The masses wouldn’t be able to function without them guiding the way and making the rules…

    Does this look like a list of men put together by God or nature? As in, survival of the fittest rules where nature allowed this or God considered every human being on earth before selecting who he ordained worthy of steering the reigns of society, and this list was the final result?