There’s nothing that can be done about it
FlyingSquid@lemmy.world 8 months ago
That makes me feel literally ill. There’s nothing that can be done about it either. If enough heat gets put on them in one country, they’ll just move to another one and live just as luxuriously.
Sterile_Technique@lemmy.world 8 months ago
Deceptichum@kbin.social 8 months ago
CoderKat@lemm.ee 8 months ago
We absolutely could do things if society as a whole agreed to. Billionaires only exist because we let them exist. The only thing stopping us from taxing all money over a certain amount is us.
Unfortunately, I have little faith in our ability to convince people that we should massively step up our taxation. We can’t even get billionaires to pay the percentage of income tax that they’re theoretically supposed to pay. How are we supposed to convince enough people to go above and beyond?
A huge number of people somehow have the idea that billionaires deserve this money. Or that just because their wealth isn’t cash means we can’t take it away. Many people seem afraid to make some big changes to our economy no matter how badly we seem to need them. If we want to make changes, it’s every day voters that need to be convinced.
FlyingSquid@lemmy.world 8 months ago
You can’t tax them like that unless you get every country on Earth agree to do so. Otherwise, they can just go somewhere else.
Dozzi92@lemmy.world 8 months ago
I think they’re suggesting we eat them.
Dmian@lemmy.world 8 months ago
These are, probably the most powerful people in history. Their reach is global. And governments have no way of dealing with them. They can manipulate any economy to their advantage. And their greed is unlimited. This is the true cancer to the system, and the reason why capitalism isn’t working anymore. Their mere existence is a threat to humanity as a whole. It’s both sad and terrifying.