The common defense for the need of billionaires is that they innovate and create jobs. But what happens when their ”innovative ideas” are designed to eliminate jobs entirely, all in the name of maximizing profits? Billionaires are a liability, and they shouldn't exist.
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If companies can grow via outsourcing or automation, that just makes our economies way more productive, no?
It’s called the crisis of perception.
Constant and perpetual growth without sustainability is a failed experiment
Cartesian thinking was fine. 900 years ago we need to adapt systems theory on a global scale and a global mentality that will not happen overnight but must happen.
We all live here
FACT: #Biden added $80 billion to the #IRS budget and has so far collected more than $1 Trillion in back taxes from the ultra-rich.
The question is: are we aware that fighting for principles of equity is tiring and seemingly hard to reach/on the other hand, being lulled into submission by the billionaires'siren song is easy and pleasurable?
When most of the wealth is in one person's hands, it's GAME OVER.
And they create jobs by exploiting labor to amass wealth, not for the good of society.
Non-billionaires can do all that too.
It would only take one. The rest would either get in line, or get out of Dodge.
That usually doesn't bode well.
happily let them control us.
The middle class are the economic engine, Apple would go bankrupt if it only had the rich for clients.
Duh.
Please also consider the idea that if you HAVE to work for a living, you are still working class. Everything else is just semantics designed to divide us.
https://intellizence.com/insights/layoff-downsizing/leading-companies-announcing-layoffs-and-hiring-freezes/
Scandinavia is an example of how capitalism can and should work.Capitalism is how successful societies finance civilization.
It's a problem for another era.
Surly their greed precedes their presence.
Enough of a presence to consider paraphrase, saying:
Their greed of money is the root of all evil.
Just, my thoughts.
Death tax reinstalled.
Tax the political churches as economic entities.
Tax returns have been leaked. They pay nothing, borrow against it to get “unlimited cash” and have no risk.