Doesn't work like that. It's more like fighting a Hydra.
If a Billionaire worth $50B dies, like 10 Children are gonna inherit $5B each. So we would have even more Billionaires afterwards.
But the wealth would still be less centralized and they would be easier to kill for a while or have yo spend a larger percent on security its progress just because one virtuous heroic act doesn't immediately save everything doesn't mean doing a little bit every day won't make the world better because if you kill those five kids and kill their 25 heirs then you've just cracked the no billionaires mark! So its a couple years not a couple months the world would still be saved
From my experience playing Crusader Kings 2 and 3, gavelkind's a bitch.
Splitting your enemy's demesne amongst their successors gives you more but weaker enemies (and sometimes some friends), and leads to infighting and chaos amongst them.
Nine times out of ten murdering an enemy with lots of children leaves you better off than not murdering them.
(Of course, though, this scales inversely to the number of successors, so if there's only one or two proceed only if their stats are lower than your enemy's, or if it'll still be a few years before they come of age.)
If the richest people were only 1000x wealthier than the poorest... wow.
Currently, the richest people could spend the entirety of every penny an average person would make from the day that person was born to the day that person died every single day and still not run out of money before that person died. That's an entire person's fiscal existence spent every day for their entire life and it wouldn't even make a dent.
Wealth cap is a great idea, but suffers from the same issue as "tax the rich," in that how do you do either of those things when the ultrawealthy are the ones in political power? they generally aint gonna cap or tax themselves
Thats what i mean, we theoretically can redistribute the majority of wealth to end all poverty and there would still be enough centralised wealth for the current rich to still live in royal luxury and feel special about.
Of course there would be massive opposition unless we figure what that does to inflation. So I don’t think it'll ever happen but its a point that we absolutely could redistribute wealth without eradicating the upper class.
Instead as an actual solution i think we should count differently and consider all wealth to be a personal cost of a human taking resources from the shared planet. What you consume and possess is what you cost to others. Life is inherently a destructive action.
By measuring the cost and aiming to keep it low we can allow free access to groups (elderly for example) to a share of industrial output.
They don’t need to pay with money, society just needs to count the cost of their transaction. Invite for a welfare talk if there is a problem with overconsumption.
This project is a wip but i imagine that using what is called fountain pen money now could be used to pay classical industry with classical money. The fountain pen money is technically a debt but its the natural debt of human life with no expectation to ever close it.
The other part of this is they don't get the huge portion of wealth that is being generated anymore. It goes to the people making it instead. It's not just a 1 time, take half their money and give it to the poor thing.
Maybe. It depends on how the OP statement is conceptualized. They specify "school kids" and school is only in session about half of days. Also, people over the age of 17 attend school and it isn't uncommon to refer to someone in their 20s as a "kid". Even worst case scenario for OP, we're talking the difference of four months versus two months. I'm not sure that's a hill to die on or even point out.
Had this argument a few days ago. Someone said 'kill all billionaires' as a low-effort comment, and I noted that whilst that makes a good protest sign slogan, I wouldn't want to whip up a mob trained solely on that heuristic - I asked them to get specific in what they want to lynch this billionaire for. Not because I want to defend billionaires, but Lemmy is a discussion platform, and "kill all billionaires" is a thought stopper.
Thats true and some are definitely worse like oil and media and weapons billionaires are worst tailor swift and rhianna can go last and we can kill them with like heroin overdose or something else that's not so bad
Or maybe you can convince them to give away most of their fortunes (still keeping enough to live the rest of their lives in luxury, of course, because what's a few hundred million to these people?), when being a billionaire is no longer allowed.
Like, allow anyone to make up to $999,999,999 after-tax, and anything after that (whether capital gains or income) is taxed at 100%. It's that simple. You only need to "take care" of the ones who try to stop it or reverse it.
Imprison the ones who try to circumvent it with offshore banking, webs of trustees, money laundering, or other loopholes that are only available to the wealthy (like a collection of priceless paintings that are used as a bank account, or yet another personal yacht written off as a business expense).
I've had similar thoughts, I was slower typing this.
(future Korazail here. On rereading, I want to be clear about the difference between wealth and income. I think we tend to focus on income tax brackets, but the real danger is when the super wealthy can fund their lifestyle and power on the idea that they have money. Rarely are they counting any of that as income, so wonderingwanderer's thought of <1b income would apply to nobody. We need to tax wealth. I earn $$$$ each year, but my bank balance is $ because it costs $$ to exist and I am fortunate enough to have $ to spend on luxuries and keep $ in reserve. If I had a bank balance of $$$$$, then it doesn't matter how much I earn in a year; my money itself provides the $$ to exist and $$$ for luxuries with overhead to spare. I might be able to retire on a bank balance of $$. The billionaires have $$$$$$$$$$ in the bank and it would take me 9 million years to catch up at my rate)
Give them some time to prepare, but a wealth cap with harsh penalties seems a pretty reasonable solution to the wealth inequality problem. Death would be a pretty damn harsh penalty, but a really effective one. I'd also take taxing or socializing their assets until they are under the cap.
A billion dollars is just such a staggering amount of money that there's no reason for any person to control it. And as for 'why lynch this billionaire?' You don't get to a billion in net worth all by yourself. I'd posit that Taylor Swift is my favorite billionaire, and she is known for treating her staff well and giving out life-changing amounts of money to individuals that work for her... but what if she were incentivized to keep her worth below a billion? Larger donations to charity, lower ticket prices to her shows, better pay rates to her staff instead of bonuses (which would raise competitive pay for others in the industry), etc.
People like musk can just fuck right off. They provide no real value. If you invent something that is so useful that it is worth multiple billions, make it a public asset and go invent the next thing. If you made it to a billion dollars, just shut up and retire. Let someone else figure out the next step and get their billion, you don't need two. The person who suggested bezos pivot from bookstore into general marketplace was probably a random developer who is still there and making <100k/year, but they had the good idea, not the guy with the purse. If we all had more purse, I think we'd have more people trying things and finding the next big thing.
If I were to author a law, I'd tie the cap to a multiplier or fraction of some economic indicator that isn't individual, like total money transacted in a year globally or something. The number should be around a billion at this moment, but I'm not really mad at it being higher, since we're targeting the small number of people hoarding wealth.
If you make the cap feel really big, like a billion, then the people, even with millions to their name, won't feel like it will ever apply to them; but the real predators with multiple billions will be impacted.
Your parenthetical statement is why I mentioned capital gains. Billionaires don't make their wealth from income, no. It comes from capital gains.
Capital gains tax brackets currently max out around the same rates as $40K income tax brackets. And they still write off so much bullshit and play loopholes that most of their gains go untaxed.
A one-time wealth tax makes sense. 100% on anything over $1B. After that, a progressive tax rate that includes capital gains as well as income, and maxes out at 100%, which could honestly apply to anything over $100M since it's annual anyway. If you make $100M in one year you're already set for life. No one needs more than that. If you make $100M ten years in a row, congratulations, you made a billion dollars.
Even a hundred years in a row still ultimately returns $10B total, which is honestly fine given all the rest is implemented. Making $100B would require maxing out income/gains rates every year for a thousand years, so it's not like we would have to worry about Bezoses and Musks, and there would be enough tax revenue to fund everything necessary, and no billionaires could complain that "one billion isn't enough!" Because if they're so "hard working" then all they need to do is max out their income/gains for ten years and they make another billion!
Okay fine, I high-balled it. The same point stands, just lower it to a number you find more reasonable. $100M? $10M? I agree that it's an unnecessary amount of money, but it's far more manageable than the uncapped free-for-all that it is today.
Set it too low though and you'll start to lose support, so make it high enough that even the highest echelons of the upper-middle class know it won't ever effect them. The point is to target the owner-caste.
Oh, but a one-time wealth tax of anything over one's first $billion followed by a net gains cap in the 8 or 9 digits is absolutely reasonable.
A lot of those are just millionaires or ten millionaires... or hundred thousandaires... I think the way to do this is to build/implement a new model of business and housing ownership, where it is democratically co-owned, co-run, co-managed... instead of everything being owned by capitalist proprietors/workplace dicatators/real estate investors
Ownership itself has to be democratized not just try to funnel money back down
No, if someone's net worth is in the 6 or even 7 digits, then they're not an oligarch. They're upper-middle class and probably work to earn a living, they just make a really comfortable salary.
The owner-caste have at least a 9 digit net worth (hundred millions), but those are small fries as far as oligarchs go. More realistically, 10, 11, and 12 digit net worths describe financial oligarchs.
True, someone might own a small business and have a few hundred thousand, maybe a couple million to their name. But that's not an oligarch and not what I mean by "owner-caste." And they probably still actively work, at least to manage their business and maybe in operations too. They're still upper-middle class.
But they're not a private equity magnate, they're not sitting on the board of investors at any major company, they don't have their own foundations to launder money through to reduce tax liability.
I agree that we need to change the ownership model. But there's a difference between private ownership and personal ownership, and the goal isn't to abolish personal ownership. That's counterproductive and makes us more dependent on systems.
Worker co-ops are a great idea to replace for-profit public corporations and private equity. But stealing Joe Shmoe's mom&pop shop isn't seizing the means of production. Small businesses aren't the enemy, and acting like they are only gives credence to the "red scare" caricature of socialism that too many people already seem to believe.
We can start by removing the right to vote from Trump voters. Anyone who chooses the leader of the global economy so irresponsibly doesn't deserve democracy.
That's some trolley problem you've got worked out there...
Leave the switch and the world suffers.
Switch to track two and like 100 billionaires die.
Switch to track three and we remove basic rights from half the common people who are the most susceptible to the psychological warfare enacted by all the people on track two.
People that support billionaires are morons, but we still should punish the trickster and not the tricked.
Maybe. Though, as MacKenzie Scott has demonstrated, someone who isn't a pathological wealth hoarder can do an insane amount of good in the world with billions of dollars. There might be some more MacKenzies among the many, many inheritors after The Best Two Months. Also, there will be a good mix of hedonists, free spirits, and good old fashioned fuckups who will increase the velocity of money.
So what you're saying is that if you made a law so that for every child who was shot in a school shooting, a billionaire was also shot, we'd be guaranteed to solve a major problem in America within two months.
"Now you listen to me. While I will admit to a certain cynicism, the fact is that I am a naysayer and hatchetman in the fight against violence. I pride myself in taking a punch and I'll gladly take another because I choose to live my life in the company of Gandhi and King. My concerns are global. I reject absolutely revenge, aggression, and retaliation. The foundation of such a method... is love. I love you Sheriff Truman."
Whoever does each one can bring you along and cut them open and you can vomit in them before they die I guess, you should be more public and leave a note or like keep some oil of epicac on you and follow thiel or musk is altman around.
Then I don't know I guess I just try to find ways to include people I'm sorry I couldn't find one that works for you I'll keep thinking what if the bodies are kept and later when its safe stitched into a balloon for you to climb into and vomit around later would that work
At some point a stand must be taken, because they are perfectly fine with murdering you and everyone else, including all life on the planet, if you stand in their way (or stand in their way of earning more billions).
Shoot enough of them and their heirs and the money will eventually find its way elsewhere.
Also, almost every single billionaire is actively growing their dragon's hoard while alive and causing untold misery in the process, so the money doesn't have to "disappear" for the world to be much better off without them.
117 Comments
DaGammla@lemmy.ml · 82 pts · 100d
Doesn't work like that. It's more like fighting a Hydra. If a Billionaire worth $50B dies, like 10 Children are gonna inherit $5B each. So we would have even more Billionaires afterwards.
Zwiebel@feddit.org · 105 pts · 100d
So you're saying we're distributing wealth from the top down? Splatter down economics?
DaGammla@lemmy.ml · 51 pts · 100d
Interesting idea. Cut enough heads of the Hydra until the heads are so small, that they don't pose any threat.
PepperoniNipple@lazysoci.al · 23 pts · 100d
youcantreadthis@quokk.au · 30 pts · 100d
But the wealth would still be less centralized and they would be easier to kill for a while or have yo spend a larger percent on security its progress just because one virtuous heroic act doesn't immediately save everything doesn't mean doing a little bit every day won't make the world better because if you kill those five kids and kill their 25 heirs then you've just cracked the no billionaires mark! So its a couple years not a couple months the world would still be saved
ViceroTempus@lemmy.world · 8 pts · 100d
Sounds like work worth doing, a little extra time doesn't sound like a deal breaker to me.
PhoenixDog@lemmy.world · 6 pts · 100d
We'll all be out of work eventually. Nothing but time to hunt billionaires.
Im_old@lemmy.world · 28 pts · 100d
PhoenixDog@lemmy.world · 10 pts · 100d
Sounds like an ever evolving target practice to me.
leftzero@lemmy.dbzer0.com · 25 pts · 100d
From my experience playing Crusader Kings 2 and 3, gavelkind's a bitch.
Splitting your enemy's demesne amongst their successors gives you more but weaker enemies (and sometimes some friends), and leads to infighting and chaos amongst them.
Nine times out of ten murdering an enemy with lots of children leaves you better off than not murdering them.
(Of course, though, this scales inversely to the number of successors, so if there's only one or two proceed only if their stats are lower than your enemy's, or if it'll still be a few years before they come of age.)
Darcranium@lemmy.world · 25 pts · 99d
fushuan@piefed.blahaj.zone · 16 pts · 100d
The difference is that each head would be weaker and weaker until it's just a bunch of snakes like the rest of us.
PhoenixDog@lemmy.world · 6 pts · 100d
All we want is wealth distribution.
The more the family tree gets eliminated, perhaps those names further down the branches understand they don't want to die and do the right thing.
Younger generations want to end the progressive familial abuse patter of previous generations. This is no different.
BarneyPiccolo@lemmings.world · 12 pts · 99d
That just means we aren't done yet. Besides, quite a few of them would refuse their fortunes if it meant the went on the Most Wanted List.
Jankatarch@lemmy.world · 11 pts · 100d
It's like money is a cursed artefact.
webghost0101@sopuli.xyz · 7 pts · 100d
In theory though impossible in practice:
If we halved the wealth of the current richest person.
Equally divided that wealth to the 50% poorest household.
And repeated from their till there are no more Billionaires.
Musk would end up at 800 mil after having his wealth divided 10 times. While people who had no money to start now have around 50K
(Broad numbers, Not an accurate calculation)
Phil_in_here@lemmy.ca · 11 pts · 100d
That's still good, though.
If the richest people were only 1000x wealthier than the poorest... wow.
Currently, the richest people could spend the entirety of every penny an average person would make from the day that person was born to the day that person died every single day and still not run out of money before that person died. That's an entire person's fiscal existence spent every day for their entire life and it wouldn't even make a dent.
So, yeah, I'd take 1000:1
Okokimup@lemmy.world · 6 pts · 100d
This is why I think we need to start talking about wealth caps. I don't understand why the left hasn't jumped on that.
vapordays@leminal.space · 1 pts · 98d
Wealth cap is a great idea, but suffers from the same issue as "tax the rich," in that how do you do either of those things when the ultrawealthy are the ones in political power? they generally aint gonna cap or tax themselves
ViceroTempus@lemmy.world · 1 pts · 98d
History has the inevitable conclusion for when that happens already written within its pages.
::: spoiler spoiler It's violence, and the death of those in charge at the time. :::
wonderingwanderer@sopuli.xyz · 2 pts · 100d
I'd hate to break this to you, but...
500,000,000
÷50,000
= 10,000
$800 million is over 10,000× wealthier than $50k, not 1000×...
webghost0101@sopuli.xyz · 1 pts · 99d
Thats what i mean, we theoretically can redistribute the majority of wealth to end all poverty and there would still be enough centralised wealth for the current rich to still live in royal luxury and feel special about.
Of course there would be massive opposition unless we figure what that does to inflation. So I don’t think it'll ever happen but its a point that we absolutely could redistribute wealth without eradicating the upper class.
Instead as an actual solution i think we should count differently and consider all wealth to be a personal cost of a human taking resources from the shared planet. What you consume and possess is what you cost to others. Life is inherently a destructive action.
By measuring the cost and aiming to keep it low we can allow free access to groups (elderly for example) to a share of industrial output.
They don’t need to pay with money, society just needs to count the cost of their transaction. Invite for a welfare talk if there is a problem with overconsumption.
This project is a wip but i imagine that using what is called fountain pen money now could be used to pay classical industry with classical money. The fountain pen money is technically a debt but its the natural debt of human life with no expectation to ever close it.
youcantreadthis@quokk.au · 2 pts · 100d
That's still pretty okay and I bet some of those steps would be like hey I don't want this money I would rather continue to live as a human being
lightnsfw@reddthat.com · 2 pts · 100d
The other part of this is they don't get the huge portion of wealth that is being generated anymore. It goes to the people making it instead. It's not just a 1 time, take half their money and give it to the poor thing.
urandom@lemmy.world · 5 pts · 99d
They said "2 months". So you keep doing the work within that time, until the fortune is diluted enough to drop below 1B per person
littlewonder@lemmy.world · 3 pts · 99d
How about "the current billionaire class" instead?
Because you're right, but the initial comparison is still something worth saying and I don't mind getting pedantic.
ColeSloth@discuss.tchncs.de · 3 pts · 100d
Also, there's like 1000 billionaires. 500 kids a month aren't getting shot.
NocturnalEngineer@lemmy.world · 10 pts · 100d
Beg to differ: https://publichealth.jhu.edu/2024/guns-remain-leading-cause-of-death-for-children-and-teens
Hypnotoad_@sh.itjust.works · 9 pts · 100d
7 a day, works out to about 200 a month
Sickening figure that in my opinion, doesn't change at all when moving between 200 and 500. One is too fucking many
ApertureUA@lemmy.today · 1 pts · 99d
Yay, overpopulation got patched (/lh)
ColeSloth@discuss.tchncs.de · 2 pts · 100d
Your own link shows that you're wrong....
Folstar@lemmus.org · 0 pts · 99d
Maybe. It depends on how the OP statement is conceptualized. They specify "school kids" and school is only in session about half of days. Also, people over the age of 17 attend school and it isn't uncommon to refer to someone in their 20s as a "kid". Even worst case scenario for OP, we're talking the difference of four months versus two months. I'm not sure that's a hill to die on or even point out.
MisterD@lemmy.ca · 3 pts · 98d
I don't think people would mind having more Billionaires to kill.
TeddE@lemmy.world · 2 pts · 100d
Had this argument a few days ago. Someone said 'kill all billionaires' as a low-effort comment, and I noted that whilst that makes a good protest sign slogan, I wouldn't want to whip up a mob trained solely on that heuristic - I asked them to get specific in what they want to lynch this billionaire for. Not because I want to defend billionaires, but Lemmy is a discussion platform, and "kill all billionaires" is a thought stopper.
youcantreadthis@quokk.au · 1 pts · 100d
Thats true and some are definitely worse like oil and media and weapons billionaires are worst tailor swift and rhianna can go last and we can kill them with like heroin overdose or something else that's not so bad
wonderingwanderer@sopuli.xyz · 2 pts · 100d
Or maybe you can convince them to give away most of their fortunes (still keeping enough to live the rest of their lives in luxury, of course, because what's a few hundred million to these people?), when being a billionaire is no longer allowed.
Like, allow anyone to make up to $999,999,999 after-tax, and anything after that (whether capital gains or income) is taxed at 100%. It's that simple. You only need to "take care" of the ones who try to stop it or reverse it.
Imprison the ones who try to circumvent it with offshore banking, webs of trustees, money laundering, or other loopholes that are only available to the wealthy (like a collection of priceless paintings that are used as a bank account, or yet another personal yacht written off as a business expense).
korazail@lemmy.myserv.one · 1 pts · 99d
I've had similar thoughts, I was slower typing this.
(future Korazail here. On rereading, I want to be clear about the difference between wealth and income. I think we tend to focus on income tax brackets, but the real danger is when the super wealthy can fund their lifestyle and power on the idea that they have money. Rarely are they counting any of that as income, so wonderingwanderer's thought of <1b income would apply to nobody. We need to tax wealth. I earn $$$$ each year, but my bank balance is $ because it costs $$ to exist and I am fortunate enough to have $ to spend on luxuries and keep $ in reserve. If I had a bank balance of $$$$$, then it doesn't matter how much I earn in a year; my money itself provides the $$ to exist and $$$ for luxuries with overhead to spare. I might be able to retire on a bank balance of $$. The billionaires have $$$$$$$$$$ in the bank and it would take me 9 million years to catch up at my rate)
Give them some time to prepare, but a wealth cap with harsh penalties seems a pretty reasonable solution to the wealth inequality problem. Death would be a pretty damn harsh penalty, but a really effective one. I'd also take taxing or socializing their assets until they are under the cap.
A billion dollars is just such a staggering amount of money that there's no reason for any person to control it. And as for 'why lynch this billionaire?' You don't get to a billion in net worth all by yourself. I'd posit that Taylor Swift is my favorite billionaire, and she is known for treating her staff well and giving out life-changing amounts of money to individuals that work for her... but what if she were incentivized to keep her worth below a billion? Larger donations to charity, lower ticket prices to her shows, better pay rates to her staff instead of bonuses (which would raise competitive pay for others in the industry), etc.
People like musk can just fuck right off. They provide no real value. If you invent something that is so useful that it is worth multiple billions, make it a public asset and go invent the next thing. If you made it to a billion dollars, just shut up and retire. Let someone else figure out the next step and get their billion, you don't need two. The person who suggested bezos pivot from bookstore into general marketplace was probably a random developer who is still there and making <100k/year, but they had the good idea, not the guy with the purse. If we all had more purse, I think we'd have more people trying things and finding the next big thing.
If I were to author a law, I'd tie the cap to a multiplier or fraction of some economic indicator that isn't individual, like total money transacted in a year globally or something. The number should be around a billion at this moment, but I'm not really mad at it being higher, since we're targeting the small number of people hoarding wealth.
If you make the cap feel really big, like a billion, then the people, even with millions to their name, won't feel like it will ever apply to them; but the real predators with multiple billions will be impacted.
wonderingwanderer@sopuli.xyz · 1 pts · 99d
Your parenthetical statement is why I mentioned capital gains. Billionaires don't make their wealth from income, no. It comes from capital gains.
Capital gains tax brackets currently max out around the same rates as $40K income tax brackets. And they still write off so much bullshit and play loopholes that most of their gains go untaxed.
A one-time wealth tax makes sense. 100% on anything over $1B. After that, a progressive tax rate that includes capital gains as well as income, and maxes out at 100%, which could honestly apply to anything over $100M since it's annual anyway. If you make $100M in one year you're already set for life. No one needs more than that. If you make $100M ten years in a row, congratulations, you made a billion dollars.
Even a hundred years in a row still ultimately returns $10B total, which is honestly fine given all the rest is implemented. Making $100B would require maxing out income/gains rates every year for a thousand years, so it's not like we would have to worry about Bezoses and Musks, and there would be enough tax revenue to fund everything necessary, and no billionaires could complain that "one billion isn't enough!" Because if they're so "hard working" then all they need to do is max out their income/gains for ten years and they make another billion!
I think this scenario seems manageable.
youcantreadthis@quokk.au · 1 pts · 99d
Actual billion is just a dramatic number I don't think if you've done that big you can be trusted
wonderingwanderer@sopuli.xyz · 1 pts · 99d
I didn't say anything about trusting them.
vapordays@leminal.space · 1 pts · 98d
way too much
this highlights EXACTLY one of the problems with "billionaires" discourse, in fact
wonderingwanderer@sopuli.xyz · 1 pts · 98d
Okay fine, I high-balled it. The same point stands, just lower it to a number you find more reasonable. $100M? $10M? I agree that it's an unnecessary amount of money, but it's far more manageable than the uncapped free-for-all that it is today.
Set it too low though and you'll start to lose support, so make it high enough that even the highest echelons of the upper-middle class know it won't ever effect them. The point is to target the owner-caste.
Oh, but a one-time wealth tax of anything over one's first $billion followed by a net gains cap in the 8 or 9 digits is absolutely reasonable.
vapordays@leminal.space · 0 pts · 96d
A lot of those are just millionaires or ten millionaires... or hundred thousandaires... I think the way to do this is to build/implement a new model of business and housing ownership, where it is democratically co-owned, co-run, co-managed... instead of everything being owned by capitalist proprietors/workplace dicatators/real estate investors
Ownership itself has to be democratized not just try to funnel money back down
wonderingwanderer@sopuli.xyz · 1 pts · 96d
No, if someone's net worth is in the 6 or even 7 digits, then they're not an oligarch. They're upper-middle class and probably work to earn a living, they just make a really comfortable salary.
The owner-caste have at least a 9 digit net worth (hundred millions), but those are small fries as far as oligarchs go. More realistically, 10, 11, and 12 digit net worths describe financial oligarchs.
True, someone might own a small business and have a few hundred thousand, maybe a couple million to their name. But that's not an oligarch and not what I mean by "owner-caste." And they probably still actively work, at least to manage their business and maybe in operations too. They're still upper-middle class.
But they're not a private equity magnate, they're not sitting on the board of investors at any major company, they don't have their own foundations to launder money through to reduce tax liability.
I agree that we need to change the ownership model. But there's a difference between private ownership and personal ownership, and the goal isn't to abolish personal ownership. That's counterproductive and makes us more dependent on systems.
Worker co-ops are a great idea to replace for-profit public corporations and private equity. But stealing Joe Shmoe's mom&pop shop isn't seizing the means of production. Small businesses aren't the enemy, and acting like they are only gives credence to the "red scare" caricature of socialism that too many people already seem to believe.
MyVeryRealName@lemmy.world · -9 pts · 100d
Idk what's with all the billionaire hate. Killing individuals doesn't change systems.
WorldsDumbestMan@lemmy.today · 7 pts · 100d
Are you kidding me? Green billionaires have not a fraction of the hold. Look what happened after a health insurance CEO's death!
Much improved.
MyVeryRealName@lemmy.world · -2 pts · 100d
Agreed but I don't think terrorism is the way. If anything, it's temporary.
And "much" didn't improve. Much would have improved if the economy was redistributed.
WorldsDumbestMan@lemmy.today · 6 pts · 100d
And just how do you intend to do that? I do have an alternate plan, but I would love to hear this.
MyVeryRealName@lemmy.world · -9 pts · 100d
We can start by removing the right to vote from Trump voters. Anyone who chooses the leader of the global economy so irresponsibly doesn't deserve democracy.
Phil_in_here@lemmy.ca · 4 pts · 100d
That's some trolley problem you've got worked out there...
Leave the switch and the world suffers.
Switch to track two and like 100 billionaires die.
Switch to track three and we remove basic rights from half the common people who are the most susceptible to the psychological warfare enacted by all the people on track two.
People that support billionaires are morons, but we still should punish the trickster and not the tricked.
youcantreadthis@quokk.au · 3 pts · 100d
You're very serious
WorldsDumbestMan@lemmy.today · 0 pts · 100d
O well bro, I think I have another idea.
Involving economic disruption that leaves the whole thing redundant.
youcantreadthis@quokk.au · 3 pts · 100d
Its not terrorism its pest control but also terrorism absolutely works on billionaires even if 8t doesn't always work on everybody
MyVeryRealName@lemmy.world · 1 pts · 100d
I'll believe you when it happens.
youcantreadthis@quokk.au · 2 pts · 100d
Look at all the people who got healthcare that was out if terror
ApertureUA@lemmy.today · 2 pts · 99d
Minecraft slime
Folstar@lemmus.org · 1 pts · 99d
Maybe. Though, as MacKenzie Scott has demonstrated, someone who isn't a pathological wealth hoarder can do an insane amount of good in the world with billions of dollars. There might be some more MacKenzies among the many, many inheritors after The Best Two Months. Also, there will be a good mix of hedonists, free spirits, and good old fashioned fuckups who will increase the velocity of money.
lightnsfw@reddthat.com · 1 pts · 100d
Up to a point. The inheritance getting split every time plus being taxed would diminish it quickly.
vegafjord@slrpnk.net · 49 pts · 100d
That is a fun fact!
vinyl@lemmy.world · 37 pts · 100d
the username should be stevens_good_advice
GarboDog@lemmy.world · 7 pts · 100d
You beat us to it lol
BillyClark@piefed.social · 37 pts · 100d
So what you're saying is that if you made a law so that for every child who was shot in a school shooting, a billionaire was also shot, we'd be guaranteed to solve a major problem in America within two months.
FistingEnthusiast@lemmy.world · 21 pts · 100d
Two hours
blockheadjt@sh.itjust.works · 3 pts · 99d
Such a law would inevitably encourage violence against children, so, not a great plan
MousePotatoDoesStuff@piefed.social · 2 pts · 100d
*minutes
Viking_Hippie@lemmy.dbzer0.com · 37 pts · 100d
Worth a shot, pun intended.
k0e3@lemmy.ca · 16 pts · 100d
C'mon USA, I believe in you!
Nagrom@lemmy.ca · 7 pts · 99d
Hopes and Prayers
kamen@lemmy.world · 7 pts · 99d
You say "run out" as if we'd miss them
BarneyPiccolo@lemmings.world · 6 pts · 99d
Challenge Accepted!
D_C@sh.itjust.works · 6 pts · 100d
Stevens_
badGOOD_advicesolidheron@sh.itjust.works · 5 pts · 99d
Billionaires are a finite resource once they're gone it will take decades for them to return
lastlybutfirstly@lemmy.world · 3 pts · 99d
"Now you listen to me. While I will admit to a certain cynicism, the fact is that I am a naysayer and hatchetman in the fight against violence. I pride myself in taking a punch and I'll gladly take another because I choose to live my life in the company of Gandhi and King. My concerns are global. I reject absolutely revenge, aggression, and retaliation. The foundation of such a method... is love. I love you Sheriff Truman."
in4apenny@lemmy.dbzer0.com · 3 pts · 99d
Albert's path is a strange and difficult one.
ArchsageRamases@lemmy.world · 1 pts · 100d
ulterno@programming.dev · 0 pts · 98d
What if they also got bombed as many as school-children get?
krisevol@lemmus.org · -4 pts · 99d
And nothing if value would make it to the average American
unemployedclaquer@sopuli.xyz · -6 pts · 100d
Weird
Not in a negative way but I feel bad about murder unless I have to vomit in someone
WorldsDumbestMan@lemmy.today · 8 pts · 100d
Why are you talking about your fetish everywhere?
unemployedclaquer@sopuli.xyz · -2 pts · 100d
Which fetish do you think I focaccia too often?
WorldsDumbestMan@lemmy.today · 3 pts · 100d
Not the fancy bread one, that's for sure.
youcantreadthis@quokk.au · 2 pts · 100d
No that's impossible foccacia is great its been too long
youcantreadthis@quokk.au · 1 pts · 100d
Whoever does each one can bring you along and cut them open and you can vomit in them before they die I guess, you should be more public and leave a note or like keep some oil of epicac on you and follow thiel or musk is altman around.
unemployedclaquer@sopuli.xyz · 1 pts · 97d
I don't suggest any of that.
youcantreadthis@quokk.au · 1 pts · 97d
Then I don't know I guess I just try to find ways to include people I'm sorry I couldn't find one that works for you I'll keep thinking what if the bodies are kept and later when its safe stitched into a balloon for you to climb into and vomit around later would that work
unemployedclaquer@sopuli.xyz · 1 pts · 97d
Okay well just any bodies or corpses please bring them on by and we'll figure it out together
Edit; please keep the corpses and gooey monster bits outside, OK thanks so much
unemployedclaquer@sopuli.xyz · 1 pts · 97d
Sorry. My wife. She has a strong abdomen and robust gastro situation. I bid you well.
youcantreadthis@quokk.au · 1 pts · 97d
Would need to be far enough into revolution that its safe is that still okay
ThatGuyNamedZeus@feddit.org · -12 pts · 100d
I don't think advocating for murder is going to help our cause to make life better for everyone
Chais@sh.itjust.works · 16 pts · 100d
Neither will sparing the filthy rich from consequences of their misdeeds.
Olhonestjim@lemmy.world · 5 pts · 100d
Killing the dragon is just as wrong as sending virgins to him to devour!
ThatGuyNamedZeus@feddit.org · -1 pts · 99d
different situation entirely
bagsy@lemmy.world · 5 pts · 99d
the rich have absolutely no problems killing poor people. they do it alllll the time.
Rothe@piefed.social · 5 pts · 100d
At some point a stand must be taken, because they are perfectly fine with murdering you and everyone else, including all life on the planet, if you stand in their way (or stand in their way of earning more billions).
MurrayL@lemmy.world · -13 pts · 100d
Yes, because famously when someone dies all of their money just ceases to exist
Viking_Hippie@lemmy.dbzer0.com · 21 pts · 100d
Shoot enough of them and their heirs and the money will eventually find its way elsewhere.
Also, almost every single billionaire is actively growing their dragon's hoard while alive and causing untold misery in the process, so the money doesn't have to "disappear" for the world to be much better off without them.
SuiXi3D@fedia.io · 14 pts · 100d
That isn’t the point at all.
youcantreadthis@quokk.au · 1 pts · 100d
Would be cool if it happened but yeah
StealthLizardDrop@piefed.social · 11 pts · 100d
the idea is that after 2-3 generations of billionaires, the next would get the idea
unemployedclaquer@sopuli.xyz · 0 pts · 100d
greyscale@lemmy.grey.ooo · 9 pts · 100d
Would you want to inherit that wealth when everyone who held it intact before you got splattered?
I'd be very tempted, in such a position, to divest myself of that risk and get rid of the money.
FistingEnthusiast@lemmy.world · 6 pts · 100d
Do you clap with your fingers spread nice and wide?
unemployedclaquer@sopuli.xyz · 4 pts · 100d
So, no shooting, killing, assassinating!
Rich people and all their bs should be concerned lol
WorldsDumbestMan@lemmy.today · 0 pts · 100d
No heirs = local government gets the money, leading to an instant community boost.