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I think the biggest problem we have right now is our billionaires essentially live in a completely different society from the rest of us. Some of these guys are
by overgard 2mo ago
I think the biggest problem we have right now is our billionaires essentially live in a completely different society from the rest of us. Some of these guys are building doomsday bunkers! From their perspective, if things get really really bad, they'll just use their infinite money glitch to go somewhere safe.
The problem is these guys lack "skin in the game". They make decisions that affect people that they never even hear from or speak to -- on purpose. They don't want to speak to the commoners. Like Paul Graham, apparently, they think we're losers because we didn't chase money.
IMO, things don't get better until we abolish citizens united and invoke some pretty hefty progressive taxes. There's absolutely no societal value to allowing someone to become a trillionaire, or even a centi-billionaire. Thats way too much power for a very disconnected group of people to have.