You wouldn't see any billionaires.
I don't think I've ever seen a billionaire IRL.
The 600 series had rubber skin. We spotted them easy.
Generally, everything would just be plain better as their dragon hoards are actually spent, and they dont hoard GDP from the rest of us. But you'd probably see a public service boom wherever they invested, and you'd likely see a lot less people struggling with anything from bills to food to even entertainment.
This is an interesting conundrum, actually. The big question at its core being:
Can you ever do enough good through philanthropy, so that it offsets the damage you had to do, in order to become a billionaire? Can even all the billionaires in the world do enough good with their money, to offset the damage done by a system, that allowed for them to become billionaires?
I, personally, don't think it is possible.
To give an actual answer: I think, the world would definitely be better, but unless those billionaires collectively used all the power their money provides, to do away with money and the possibility of billionaires altogether, I don't think it would amount to all that much.
Society if billionaires actually helped the people
what's the point of walking a robot dog? couldn't it walk itself or just stay indoors?
Verisimilitude
The Owenites and other Utopian Socialists of old would rise from their graves, vindicated at long last for, against all odds, finally succeeding.
"Billionaire" means "person who can direct large amounts of the means-of-production"
The left wants to tax those people and put the MoP back under democratic control.
So if they used their control the way the People would it'd looklike socialism. But that's a hypothetical because that's not their self-interest.
I can't even imagine what color the sky would be in that world...
Asklemmy
A loosely moderated place to ask open-ended questions
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~