I don't know about you, but if I find $1 on the street, it’s worth picking up. For Elon, that 'worth it' amount would be $3.4 million. Otherwise, nah. Keep walkin'.
Comments
Log in with your Bluesky account to leave a comment
History has repeatedly shown: high inequality correlates with higher crime rates & social unrest as people feel disenfranchised and excluded from opportunities. It creates a breeding ground for political instability and radical movements.
As we've seen—glaringly—recently: the ultra-rich can exert disproportionate influence over political processes, policies, and elections through lobbying, campaign financing, and media ownership. This obviously undermines our democracy.
The ultra-rich contribute disproportionately to environmental degradation via extravagant consumption & high-carbon lifestyles. While lower-income communities contribute almost nothing but bear the brunt of climate impacts while lacking resources to adapt.
Societies with extreme wealth inequality often face revolutions/uprisings (eg the French Revolution, Russian Revolution), economic collapses, as unequal systems are unsustainable long term, and authoritarian backslides, where the wealthy consolidate power to suppress dissent.
So: economic & ecological collapse, climate chaos, unelected authoritarian oligarchs, extreme widespread poverty, war & unrest. Is this what we want? No? I agree. Good thing we have simple solutions:
Comments
2. Investments in universal healthcare, education & housing.
3. Strengthening labor rights & promoting worker-owned businesses.
4. Campaign finance reform to reduce the influence of money in politics.