Democrats want us to believe that there is some cohort of “good billionaires” who can be relied upon to fight for political progress. But as the right-wing turn of tech billionaires like Mark Zuckerberg and Elon Musk suggests, this is nonsense.
There is no need for billionaires. They have more money than they know what to do with and could solve a lot of world issues and still have enough money left over to not know what to do with it. There’s literally no reason in hoarding all that money if you’re not going to spend it. It’s a necessity for literally everyone else while they hold onto it to make themselves more powerful. If all the billionaires were hoarding all the food and we had to deal with the scrapes, people would be going absolutely crazy. Even though that’s pretty much exactly what they are doing when people can’t make enough money to buy food. Throw everything else like medical care and housing into the mix and what you end up with is a few people living a life of luxury while they are literally keeping your life away from you.
One single billion at any one time is more than any one person should have. There really should just be a cap. Like, 999,999,999 is the highest your bank account can get, anything after that just flows into public programs.
The game Zelda: A link to the past had a max capacity of 999 rupees (money). If you picked up more, nothing happened. That’s how life should be.
What happens when something already owned grows in value past the arbitrary maximum? Net worth is, after all, a function of how valuable everyone else thinks the stuff you own is. It’s a price tag.
If you buy a rookie baseball card for $5, and he has a great year and now your card is worth $100, did you deprive anyone of $95 by continuing to own it?
I’m not super concerned with “things” and their value. If a person makes $1b a year and wants to buy a $1b yacht every year then they have a bunch of yachts. The point is that money went back into the economy. Now, if they have 2 and want to sell 2 for $2b all at once… sorry, no. There is a wealth cap.
The issue with Billionaires now is that money isn’t in the economy. The more they hold, the harder it is to get enough.
Maybe they could use 32-bit twos complement arithmetic so if you have $2147483647 and you add one more dollar, suddenly you have NEGATIVE $2147483648. When you call customer service, they tell you that’s not a bug, it’s a feature. Heh heh.
could solve a lot of world issues and still have enough money left over to not know what to do with it.
There is no world issue that can be solved by just throwing money at it. Those issues have had MUCH more money thrown at them than all of the net worth of all billionaires on Earth combined, without being solved.
There is no need for billionaires. They have more money than they know what to do with and could solve a lot of world issues and still have enough money left over to not know what to do with it. There’s literally no reason in hoarding all that money if you’re not going to spend it. It’s a necessity for literally everyone else while they hold onto it to make themselves more powerful. If all the billionaires were hoarding all the food and we had to deal with the scrapes, people would be going absolutely crazy. Even though that’s pretty much exactly what they are doing when people can’t make enough money to buy food. Throw everything else like medical care and housing into the mix and what you end up with is a few people living a life of luxury while they are literally keeping your life away from you.
One single billion at any one time is more than any one person should have. There really should just be a cap. Like, 999,999,999 is the highest your bank account can get, anything after that just flows into public programs.
The game Zelda: A link to the past had a max capacity of 999 rupees (money). If you picked up more, nothing happened. That’s how life should be.
Billionaires don’t have 1 billion in their bank account
What happens when something already owned grows in value past the arbitrary maximum? Net worth is, after all, a function of how valuable everyone else thinks the stuff you own is. It’s a price tag.
If you buy a rookie baseball card for $5, and he has a great year and now your card is worth $100, did you deprive anyone of $95 by continuing to own it?
I’m not super concerned with “things” and their value. If a person makes $1b a year and wants to buy a $1b yacht every year then they have a bunch of yachts. The point is that money went back into the economy. Now, if they have 2 and want to sell 2 for $2b all at once… sorry, no. There is a wealth cap.
The issue with Billionaires now is that money isn’t in the economy. The more they hold, the harder it is to get enough.
Greed is a horrible thing.
Maybe they could use 32-bit twos complement arithmetic so if you have $2147483647 and you add one more dollar, suddenly you have NEGATIVE $2147483648. When you call customer service, they tell you that’s not a bug, it’s a feature. Heh heh.
There is no world issue that can be solved by just throwing money at it. Those issues have had MUCH more money thrown at them than all of the net worth of all billionaires on Earth combined, without being solved.
It’s just not that simple.