16
wealth inequality
(lemmy.ml)
Yup.
Extreme wealth hoarding is an inherent end result of capitalism, which we could eliminate by capping wealth and channeling all excess income directly to public use. This would not be easy AT ALL because of the political opposition (which is mostly conditioning). But we won't do it, instead we will wait until the problem gets so bad it causes a revolt and then we'll blame the revolters.
But we're told Warren Buffet is the good kind.
He's one of the best billionaires. He wants to be taxed more for the betterment of all. Bill Gates does a lot of good with his foundation.
#BUT.
That's like referring to the "best" serial killer, and I mean that comparison. Billionaires shouldn't even exist, much less be admired and have outsized fame and influence. Every single one is a policy failure and every single one was formed from exploited workers (who actually contribute to society). Billionaires are parasites...
That's either not fair to serial killers, or highly complimentary to serial killers, considering the most "successful" serial killers in history can't hold a candle to a single healthcare insurance corporation, for example.
I'm sure some of them would have loved to be mentioned in the same breath as those who industrialized murder.
Or do you think most would be offended, since they were hipster, artisinal murderers who took pride in the craft of murder only to be outdone by high volume mass production?
Bill Gates Foundation does some good. His foundation is mostly a gigantic tax shelter though. For him, it's like an unlimited IRA. Society would be better if he simply had less money, less influence, and less control.
He's also one of the most highly associated with Epstein. His wife divorcing him after the Epstein records leaked.
And he founded Microsoft, a company that invented EEE.
He is!
https://givingpledge.org/pledger?pledgerId=177
There's an Indian parable about a rich man. Every time a beggar asks for money, he gives it, until he has no more to give and is himself a beggar.
You can't give it all up and expect to continue contributing.
The overwhelming majority of contribution in society comes from the working class.
Taking money and then giving it back is the bare fucking minimum a person can do. It's like taking the whole cake and then giving back a thin slice. Hardly commendable.
this post was submitted on 27 Dec 2024
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