• toppy@lemy.lol
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    4 hours ago

    Billionaires are a byproduct of the capitalist system. People will always try to hoard money. What governments should try is to appropriately tax people according to their wealth, material possessions, assets etc and not merely because they earn money beyond a certain arbitrary threshold. In order to do this governments have to spy on their own people. And this will make many people mad.

  • Snapz@lemmy.world
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    9 hours ago

    Had anyone ever said yet… Lin Manuel Mayoranda

    I hope he goes far and makes a lot of people uncomfortable. Brave man in a moment that needs brave people.

  • k0e3@lemmy.ca
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    11 hours ago

    It’s inspiring to see Americans are still fighting the good fight.

  • Wilco@lemmy.zip
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    17 hours ago

    He is right.

    Imagine a “billionaire” in the wild: An animal sitting on a vast horde of food that it could never eat while others starved around it … yea, it would not last long.

    Imagine a “billionaire” in a living body. A corporate money making entity would basically be a cancer that had to be removed to save the life of the patient.

  • Et Al@lemmy.world
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    17 hours ago

    Once you go beyond $100,000,000, there is no measurable difference in lifestyle. However, power accumulates. That amount of power shouldn’t be in the hands of so few.

  • Melllvar@startrek.website
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    18 hours ago

    One cannot reign innocently: the insanity of doing so is evident. Every king is a rebel and a usurper.

    -Louis Antoine de Saint-Just, 1792

    Or, put in modern terms: There is no such thing as an innocent billionaire.

  • splonglo@lemmy.world
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    20 hours ago

    The wealth of the rich is still growing and it will continue to grow automatically until the middle class ceases to exist. If we do not take the assets back, it will become impossible for normal working people to ever buy a house, or have any economic power over their own lives at all - nevermind the political control or the media manipulation.

    Extreme wealth concentration is THE biggest issue facing society. Mamdani is absolutely right.

  • kreskin@lemmy.world
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    13 hours ago

    Order to eliminate all billionaires confirmed! To the Priuses, we ride!

    *lift sword out window

    *slowly pull away from curb with loud prius humming noise

    /s I dont advicate violence and I agree billionaire level accrual of wealth shouldnt happen. When it does it should be taxed like FDR did it. We’ve never done so well as a country than when we had real progressive taxation. When Maga people talk about making america great agin, thats the era they are thinking about, when a single worker could support a whole family and buy a house and raise kids with a normal job, and a normal job was respected and dignified.

  • phx@lemmy.ca
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    18 hours ago

    I don’t think we should have the situations and lack of regulation that leads to billionaires, especially as it will likely continue to drain/erode the quality-of-life for everyone else to eventually lead to trillionaires…