Should billionaires exist?
Dec 15, 2019 9:22:45 GMT -5
Post by Mythic on Dec 15, 2019 9:22:45 GMT -5
There's talk from bernie sanders about how billionaires shouldn't exist, so we should all become socialists. This is a trick to get you to call yourself what your leaders already are. Left wing socialism is a fantasy that will never manifest, and i think sanders knows this, or he's too dumb and wrapped up in himself to realize it.
What the existence of billionaires signals is that the private state has captured the majority of the mechanism of your government. Think about how much you would need before money doesn't matter anymore. In an economic sense you could and should lower your prices because competition should offer lower prices in order to take your consumers. Someone would surely be willing to become a millionaire in order to take a billionaires profits. Competition means you're willing to make a little less so you can make anything at all.
Alongside competition should be proper redistribution, so the amount of wealth extracted from the population doesn't exceed the threshold that population needs to survive, or take their ability to provide a better product or service.
When your attention shifts from economic productivity and providing something people want to power accumulation and crushing or buying potential competitors you've stopped being a productive citizen and have become a private state socialist/communist with too much wealth and power, and the people's state should eliminate you.
This is a work in progress.
What the existence of billionaires signals is that the private state has captured the majority of the mechanism of your government. Think about how much you would need before money doesn't matter anymore. In an economic sense you could and should lower your prices because competition should offer lower prices in order to take your consumers. Someone would surely be willing to become a millionaire in order to take a billionaires profits. Competition means you're willing to make a little less so you can make anything at all.
Alongside competition should be proper redistribution, so the amount of wealth extracted from the population doesn't exceed the threshold that population needs to survive, or take their ability to provide a better product or service.
When your attention shifts from economic productivity and providing something people want to power accumulation and crushing or buying potential competitors you've stopped being a productive citizen and have become a private state socialist/communist with too much wealth and power, and the people's state should eliminate you.
This is a work in progress.