this post was submitted on 20 Apr 2024
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Showerthoughts

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Almost every problem in the world would be dealt with meaningfully if we outlawed billionaires. (lemmy.ca)
submitted 7 months ago* (last edited 7 months ago) by ininewcrow@lemmy.ca to c/showerthoughts@lemmy.world
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Everytime I look at small problems or big global problems, if you follow the money trail, it all leads to some billionaire who is either working towards increasing their wealth or protecting their wealth from decreasing.

Everything from politics, climate change, workers rights, democratic government, technology, land rights, human rights can all be rendered down to people fighting another group of people who defend the rights of a billionaire to keep their wealth or to expand their control.

If humanity got rid of or outlawed the notion of any one individual owning far too much money than they could ever possibly spend in a lifetime, we could free up so much wealth and energy to do other things like save ourselves from climate change.

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[โ€“] possiblylinux127@lemmy.zip -2 points 7 months ago (1 children)

The problem is you can't just get rid of billionaires. They are just people who made a lot of money by getting really lucky.

It is also important to note that they do give back there money in many cases as a billion dollars is a huge amount of money. Honestly 10 million dollars is a lot. You can't just make the wealthy successful people go away because you are jealous.

At the end of they day the richer you are the more unhappy you are. If you basic needs are met you can't become more happy with more money.

[โ€“] blazera@lemmy.world 2 points 7 months ago

It's not luck, it's how money works. Money buys you ownership. And there are many things that generate money for the owner. Businesses, stocks, real estate. It's a feedback loop that concentrates wealth like we see today.

It is also important to note that they do give back there money in many cases

no they dont