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The wealth of the 1% just hit a record $44 trillion
(www.cnbc.com)
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this post was submitted on 30 Mar 2024
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It is in no way the same idea.
Communism is about the workers controlling the means of production and distributing things according to people's needs. This has zero to do with that.
I mean it's not a secret what communism is, so I don't know why you don't know what it is, but here-
https://en.wikipedia.org/wiki/Communism
Also, Karl Marx wrote extensively on the subject. Believe it or not, limiting upper income levels was not something he ever wrote about. Probably because that wouldn't even be a thing in a communist society.
No, that has nothing to do with socialism either.
https://en.wikipedia.org/wiki/Socialism
The whole idea of income requires capitalism. You don't seem to understand that basic fact.
It's almost as if they weren't actually socialist countries.
Next you'll be telling me that the elections in the Democratic People's Republic of Korea are unfair, which is why we shouldn't have democracy.
I don't know, maybe because just because a country calls itself something doesn't mean it actually follows that ideology?
Believe it or not, the National Socialist German Workers' Party were also not socialists.
But I do enjoy how you keep ignoring the actual definitions of these words and instead are going with what countries do.
It's oligarchy disguising itself as socialism. If the people at the top are far richer than the people at the bottom it is neither socialism nor communism. Period.
Capping income at an upper limit is also not communism or socialism. It is still capitalism.
Now that we've straightened that out, maybe you can explain why anyone needs to be worth more than $100 million.
This basically never happens. You must know this. People that rich pretty much only care about making more money. The exceptions can be counted on one hand.
And income is not the same as achievements. Elon Musk is not a model of a great achiever. There are people who have done far more to help the world than Elon Musk and are nowhere near as rich as him. Alexander Fleming's work has likely saved billions of lives. Do you think he was getting paid anywhere near that high? Do you think he was worth what Elon Musk is worth? Spoiler: Not even close.
I have no idea why you think wealth is always earned or deserved when it almost never is.