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No, we need to fix the mechanisms that have allowed so much wealth to accrued by individuals. Companies need to be taxed correctly. They need to give back to t
by firecall 3y ago
No, we need to fix the mechanisms that have allowed so much wealth to accrued by individuals.
Companies need to be taxed correctly. They need to give back to the societies that built the social structures that allowed them to be created and thrive.
- mathverse 3y agoI would somehow tax inactive capital. Capital that is not directly invested in a company or pays for employees. Everything laying around or on the stock market should be heavily taxed.
- Eddy_Viscosity2 3y agoThat doesn't change the ownership problem. This solution could still allow for a a handful of people to own everything because they would be invested in, and therefore have ownership of, all of the companies.
- satvikpendem 3y agoThe stock market is for directly investing in companies...
- Aerbil313 3y agoIslam bans stock markets and interest (though not all current so-called muslim countries) and every person who is rich (who have more than 87 grams of gold worth of things) is obliged to donate %2.5 of their total wealth to the poor every year. In Muslim countries, the state collects and distributes this, so it's effectively a tax. Necessities of life (shelter etc.) are excluded from total value calculation. Muslim countries traditionally took away land of people who didn't utilize it for 3 consecutive years, though idk whether this is rooted in the religion itself.