• Phoenixz@lemmy.ca
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    1 day ago

    And yet it isn’t enough, they still want more more more.

    Soon a single person will have as much as the bottom 50% and it still won’t be enough

    when will it be enough that we stop this?

    Net wealth MIST be capped. Taxes could be a great tool for this, after a max level, everything above goes 100% to taxes. I don’t know at what level that cap should be, but it’s definitely less than billion, definitely less than 100 million, definitely less than 25 million.

    There is no right to a crazy high net worth, and the only reason that people can is because we don’t cap it. So, cap it. World wide. There is no reason to have a netwoth of over 25 million. Have it all go to taxes so that governments get a huge monetary boost that can be used for free healthcare, free education, free infrastructure, hell, maybe even universal income

    With that we also take the power away. No longer will we have to deal with absolute lucky idiots like Sam Altman or Elmo Musk whose sole reasons for being this shit ass rich are being lucky and a loooong list of lies.

    • Alexander@sopuli.xyz
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      1 day ago

      But then we’d get back to authoritarian society where some random representative would have resources to usurp. Taxes will solve nothing. No, we’ve got to dismantle the whole concept of superpowers, accumulation, and capitalism. We have enough just to feed everyone and educate all who want to be educated.

      • Blue_Morpho@lemmy.world
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        24 hours ago

        But then we’d get back to authoritarian society where some random representative would have resources to usurp.

        How does that follow yet dismantling all current systems wouldn’t cause the same problem?

        The answer is taxes. It’s simple and effective without any revolution that would likely result in an authoritarian regime. It’s a lack of taxes which allows authoritarians to flourish because the money they centralize is power. Distribute the money and you distribute the power.