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>Yes, but it’s nigh impossible to strip them of the informal power without stripping them of the actual power they hold by virtue of stocks and corporate contro
by constantcrying 4y ago
>Yes, but it’s nigh impossible to strip them of the informal power without stripping them of the actual power they hold by virtue of stocks and corporate control, assets and cash…
Why?
>legal bribery like funding opposition environmental studies to block competition or funding lawsuits to change laws they don’t like or anything else they can legally leverage that financial wealth for.
Make it illegal, you are literally listing the specific things which shouldn't happen. Where is the problem?
>but the sort of large scale socioeconomic and sociopolitical reforms needed to do this
You just gave a list of issues. Ban every billionaire from contributing to lawsuits. Ban them from "donating" to anything and actuslly punish them for violating the law.
>just taxing the billionaires till they aren’t billionaires anymore.
This is just seizing corporations by the government. And the problem is that you expect politicans to move against their benefactors.
- bheadmaster 4y ago> Make it illegal, you are literally listing the specific things which shouldn't happen. Where is the problem? The problem is that people who have the power to make it illegal are the same people who profit from it not being illegal. EDIT: your username is so emo, lol. I love it.
- constantcrying 4y agoSure, but the problem gets significantly worse as the threat gets larger. "Disown the billionaires" obviously results in a far stronger reaction than "let's stop some of your influence". If you can't even do the later the former is obviously impossible.