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Billionaires shouldn't exist; to continue the crab metaphor, they're already outside the pot and it's disingenuous to suggest that we're trying to pull others d
by analognoise 3y ago
Billionaires shouldn't exist; to continue the crab metaphor, they're already outside the pot and it's disingenuous to suggest that we're trying to pull others down by removing the flaws that allow such extreme accumulations of wealth - that's the kind of divisive talk they're all for.
Don't carry water for them.
- Kon5ole 3y ago>Billionaires shouldn't exist; People want to own things even if they are not billionaires, and they want to value things freely even if they are not billionaires. Those two things combined make billionaires unavoidable if you think about it. I think what you really desire is that billionaires should not be able to corrupt society or exploit the environment to the detriment of others. Which I am fully behind and consider an attainable and worthy goal even though we're currently far from it.
- bergen 3y ago>Those two things combined make billionaires unavoidable if you think about it. What service, commodity, or neccessity one owns, one pays a billion for? Considering production is worker owned, there would be no necessity for billionaires. This is basically a statement on the concentration of wealth, and that theoretically no one should have 20 Billion more "moneys" then any other person, with the linked fact that this person has 20 billion more influence in politics and getting their voice heard than a person with only one dollar on them. Because the fact that money buys influence is also "unavoidable" if you think about it. If I can feed 10.000 people daily and make them rely on me, they are much more likely to do my bidding and listen to me.
- Kon5ole 3y ago>What service, commodity, or neccessity one owns, one pays a billion for? Nobody has to actually pay a billion to make someone a billionaire. If you and three of your friends create a website that someone wants to buy one percent of for 40 million dollars, you are all billionaires whether you want to sell or not. It doesn't even matter if nobody else wants to buy the other 99% for the same price, in the eyes of the world you are a billionaire anyway. Society doesn't create billionaires because they need to exist, they are a side-effect of other things that we desire to exist. Any society that allows 1) ownership and 2) freedom will generate billionaires when it reaches a sufficient population. It unfortunately sometimes also happens because 3) criminal activity, and we should of course do everything we can to prevent 3, but if we prevent 1 and 2 we've created a dystopia.
- analognoise 3y agoYou know the difference between 40 million and a billion dollars? A billion dollars. We have a dystopia now with billionaires and their private space companies, buying newspapers, tracking our every move. We'd have LESS of a dystopia if we prevented them in the first place.
- Kon5ole 3y ago>We have a dystopia now with billionaires and their private space companies, buying newspapers, tracking our every move. We'd have LESS of a dystopia if we prevented them in the first place. History teaches us the opposite. The worst dystopias are the ones where you have only one billionaire who also controls the military, and that is inevitably what happens when you try to limit the number of billionaires. The best countries to live in tend to have a high number of billionaires per capita, which is natural since freedom and prosperity will generate billionaires. Tax havens twist this statistic of course but look at countries like Canada, Germany, Scandinavia, they are all up there and certainly no tax havens.
- analognoise 3y ago>History teaches us the opposite. The worst dystopias are the ones where you have only one billionaire who also controls the military Explicitly not what I, or anyone else, is suggesting. Or it could be that billionaires, being able to live anywhere, choose nice places to live - while not paying their fair share and contributing to the current situations we have now. We don't want, or need, billionaires and we should stop that kind of ridiculous accumulation of wealth. Make stock buybacks illegal again, make the top marginal tax rate 70%, and make things work for workers (and not global capital). Again, stop carrying their water.
- Kon5ole 3y ago>Explicitly not what I, or anyone else, is suggesting. To be fair you hadn't suggested anything except "Billionaires shouldn't exist" yet, which is a sentiment that so far in history has only achieved dystopian results. How is your plan different? Taxing and limiting the influence of billionaires and ensuring that workers are not exploited unfairly are fine suggestions. We can add prevention of monopolies and cartels to the list as well, but that's still a very different idea from "Billionaires should not exist". I'm not carrying any water for anyone, you have just failed to make a persuasive argument for your position.