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this post was submitted on 26 Aug 2023
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It’s interesting that the wealth bar of the 400 richest Americans is about 6-times as long as the author needs to say some interesting points.
I’d argue that’s another good argument for seizing their assets and making them pay for their asshole behaviour.
Honestly, probably the only way to save the Environment and Democracy. Too much power in the hands of the few leads to perpetual effective monarchy. It's why the Founding Fathers were against large amounts of inherited wealth, particularly inherited wealth that creates dynasties in perpetuity.
I know people don't like the Founding Fathers that much lately, and I see why, but conservatives really don't understand them, and deliberately misrepresent them, because not doing so would undercut all conservative "policies".
World's a mess because of inequality and the concentration of almost all wealth and power into the hands of a small amount of sociopaths. I honestly think the only way to solve this permanently is to cap the amount of wealth and power any individual or family can have.
I’m actually ok with wealthy people being wealthy, but when they took over the government as a way to make even more money at our expense is where I draw the line. We need to take back regulatory power, it’s the only thing that can compete at today’s scale.
Wealth is power. If you allow a tiny sliver of society to amass society warping levels of it, this is the outcome. There need to be limits and controls, or this will always happen.
We need to recognize that janitors are also integral and valuable. An MBA large company well paid executive doesn't provide value to society in general, only private shareholders.
https://www.cnbc.com/2021/10/18/the-wealthiest-10percent-of-americans-own-a-record-89percent-of-all-us-stocks.html
Our society's values and incentives are perverse and self-destructive.
You ever see those comments on youtube that describe themselves as future entrepreneurs or whatever and absolutely slobber over shitty companies and rich people? Makes me cringe so fucking hard
You put that perfectly. Thank you.