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> These guys are free to do whatever they want as long as they don’t break any laws. The main issue is that they do things that are unlawful (monopolies/duopol

> These guys are free to do whatever they want as long as they don’t break any laws. The main issue is that they do things that are unlawful (monopolies/duopolies, dumping, violating consumer and privacy laws, insider trading, regulatory capture, bribing, and a long etc.) even when they have enough money to last them a lifetime. I think the only way to curtail that power concentration is forcing them to share a significant part of the profits with their employees, who did the lion's share of the work towards that goal. That way, to become a billionaire, you leave some millionaires among people who is helping you do so. I'm not talking about communism, but dividends. I'm aware this would result in a huge financial and economic shock, but any significant change does that. Modern capitalism, while probably headed in the right direction, is showing its deficiencies after a couple of centuries. I also don't worry about the consequences, because it's not going to happen on its own, and the crisis that would force it would be much bigger.

credit_guy 5y ago
If they do unlawful things, they should be prosecuted for those things. I live in a country where people are presumed innocent until proven guilty. I like this principle. Just assuming that if someone is rich they must have broken the law somehow, that directly contradicts this principle. I stand against this, and lots of people in this country think like me. And I'm not rich; I will never be a billionaire. And I am not paid by billionaires to advocate for their cause. I simply want to live in a country where the presumption of innocence is one of the foundational principles. Along with life, liberty and the pursuit of happiness. Do I like wealth or income inequality? I don't really care. Inequality doesn't bother me. What bothers me is that the real estate market is crazy insane. The tuition for colleges promises to be absurdly unaffordable by the time my kids finish high school. The cost of healthcare is stupidly high, and it starts to feel quite high even after the insurance pays their part. All these things bother me, and they bother many tens of millions of other Americans. But in order to fix them, you have to try to fix them. Not to point the finger at the rich and say it's because of them.
- deleted 4y ago
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credit_guy 5y ago

If they do unlawful things, they should be prosecuted for those things. I live in a country where people are presumed innocent until proven guilty. I like this principle. Just assuming that if someone is rich they must have broken the law somehow, that directly contradicts this principle. I stand against this, and lots of people in this country think like me. And I'm not rich; I will never be a billionaire. And I am not paid by billionaires to advocate for their cause. I simply want to live in a country where the presumption of innocence is one of the foundational principles. Along with life, liberty and the pursuit of happiness. Do I like wealth or income inequality? I don't really care. Inequality doesn't bother me. What bothers me is that the real estate market is crazy insane. The tuition for colleges promises to be absurdly unaffordable by the time my kids finish high school. The cost of healthcare is stupidly high, and it starts to feel quite high even after the insurance pays their part. All these things bother me, and they bother many tens of millions of other Americans. But in order to fix them, you have to try to fix them. Not to point the finger at the rich and say it's because of them.

deleted 4y ago
[deleted]