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> We could redistribute their wealth and everyone in the world would maybe get a couple of dollars. We often think of the wealth redistribution of billionaires
by dangus 3y ago
> We could redistribute their wealth and everyone in the world would maybe get a couple of dollars.
We often think of the wealth redistribution of billionaires as a liquidation exercise, but there are so many other methods of ensuring income equality that have nothing to do with that particular thought exercise.
The businesses could be broken up, they could be partially or fully surrendered to employee ownership, they could be forced to operate in certain ways, they could have different wage/equity requirements compared to non-oligopoly businesses. The options are endless.
Heck, we could just tax net worth to effectively force divestment.