A billion dollars is a hard sum of money to wrap your head around. There is basically no ethical way to make a billion dollars. If you have a billion dollars it’s because you’ve stiffed a lot of people a lot of the value they created and kept it for yourself.
Tax them. Kill them. Whatever order
Asking this on lemmy is like asking a pack of wolves if they enjoy the taste of lamb. You already know the answer you’re going to get…
Is ok to ask for an AMEN now and then.
Billionaires shouldn’t exist; no one needs that much money. They should be taxed until there are no more billionaires.
I’m hungry.
I think they’re bad for the economy. Money has to circulate. Every time a billionaire throws another million on the pile, they make things worse for everyone else.
This is a view we don’t see often enough. Everybody is into hating billionaires the way teenage girls hate the super-hot cheerleader. All they do is complain that it’s not “fair” for somebody to be so rich. There’s not enough discussion of the purely mechanical reasons extreme wealth is bad for the economy, not to mention the corruption opportunities it creates. The ultra-rich don’t spend their money, they just exchange it to trade big blocks of asset ownership back and forth. None of that money ever gets spent on a loaf of bread or a bus ticket, or a GI Joe with the kung fu grip. It essentially disappears from the economy. I don’t think most people even comprehend how that works - it involves more thought than reacting to memes.
They literally steal work out of the system like a parasite. As you say, we shouldn’t be envious, but fix the problem with the money leaking away.
Billionaires are a crime against humanity.
Tax them.
Asking this question on lemmy is like going to a Linux comm and asking if it’s a good idea to switch from windows to Linux. You’re preaching (asking?) to the choir.
That said, eat the fucking rich.
Which Linux though?
Look at this visualization of how much money Jeff Bezos has, and then tell me that it is reasonable and justifiable.
It billionaires exist then there is a problem in the system. Billionaires are a bug, not a feature.
Ideally they’d be taxed into no longer being billionaires.
Realistically we probably need to violently remind them who holds the actual power before this becomes a reality.
- I think wealth should be capped at a few million or tens of millions. Too much wealth hoarding keeps money out of circulation at the consumer spending level, which is bad for the economy in general, especially lower income people.
- Without knowing anything about a person and how they became a billionaire, I have no opinion on them individually. Jumping to conclusions about someone based on the group they belong to (like say, a black guy walking down the street) is bigoted thinking, no matter who the target is.
In the words of the next post on my feed: Boil ‘em, mash ‘em, stick ‘em in a stew
Bill-ion-aires!
I don’t have an opinion on billionaires specifically. I don’t care if they take home a billion dollars. What I do care about is the ratio of top earner income with median income. It should never exceed 10-30%
