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If we leave the money with private wealthy capitalists, they might do something good for society on accident as a side effect of their ego-aggrandizing or wealt
by wfo 11y ago
If we leave the money with private wealthy capitalists, they might do something good for society on accident as a side effect of their ego-aggrandizing or wealth-concentration efforts.
If we tax it, we can actually do something good for society on purpose with it. We can give the business/tax subsidies that are required for all of Musk's ventures to succeed. We can educate Musk's workers. We can maintain and create and enhance the infrastructure required for Musk to continue to make his obscene profits, which we continue to tax and reinvest in the country.
Or we can just keep hoping that the rich and powerful class of billionaires have weird hobbies that tech people happen to think are cool.
- TeMPOraL 11y agoYeah. That's why I think Elon Musk is absolutely the least representative rich entrepreneur on the planet. He's one of the few 'rich and powerful billionaires' whose hobby happens to be fixing the world. It's a rare thing; your average billionaire is nothing like that. In fact, many laws that exist today were created to protect us from rich people whose hobbies did not include making things better for everyone.