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>pick two And if you pick wrong, you get nothing. >Rich people buy laws. A totalitarian government does not need to buy laws. Imposing punitive taxes on weal
by Ray20 1y ago
>pick two
And if you pick wrong, you get nothing.
>Rich people buy laws.
A totalitarian government does not need to buy laws. Imposing punitive taxes on wealth - it's like express line to what you want to avoid with it.
Breaking the backs of rich people and megacorporations or not, is not a choice about your chances of being wealthy, it is a choice about will you die from starvation or not.
People choose not to break the backs of megacorporations because they don't want to starve to death in totalitarian regimes, not because they hope to get a corporation of their own some day.
- benreesman 1y agoLook at marginal tax brackets at the top from WW2 to the present and say that again with a straight face. Real wages and purchasing power at the median are so strongly correlated with 90℅ income tax at the top that the causality digression is a waste of time we don't have. Unchecked executive power via a lockstep legislative apparatus and meek courts is not some unprecedented thing, its a totally predictable response to privatizing the commons and selling it off to oligarchs. It was a fucking disaster in Russia in 1992 and its shaping up no better here now. Conficistory taxes at the top work, they keep real assets broadly distributed throughout society which gives everyone a stake in democratic institutions which creates stability and growth. That's recent, robustly researched history.