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Vietnamese Billionaire Truong My Lan sentenced to death in $12.5bn fraud case
(www.aljazeera.com)
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this post was submitted on 12 Apr 2024
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It's not ideal, but it would take a great deal of effort to restrain a billionaire's influence (merely stripping their assets and imprisoning them isn't enough), and while I would prefer a society that spends that great deal of effort to save people, there are still homeless and starving people whose lives could be saved with less effort.
billionaires are kinda like monarchists, they could "abdicate" and peacefully live out the rest of their life as a dirt farmer or work in a factory they used to own but most of them would rather die than be a normal person.
imo it is a minor form of liberalism to believe that there exists any amount of punishment and recuperative effort that would meaningfully remove the very power and influence that got said billionaire to this point in the first place
No half measures, Walter