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Comment on Steve Ballmer is set to make $1 billion a year for doing nothing | CNN Business

AllonzeeLV@lemmy.world ⁨10⁩ ⁨months⁩ ago

If they didn’t hold the capital hostage from the doers of the world, laborers, as is the point of capitalism, it would be a lot easier.

Instead the do nothing capitalists keep the vast majority of the value generated, and provide just enough for the people that made it to subsist. It’s a shame so many they would never let within 100 feet of their clubs, towers, or compounds defend their con.

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throwwyacc@lemmy.world ⁨10⁩ ⁨months⁩ ago
Sorry what’s your alternative? I’m guessing communism?

In that system how do you efficiently allocate capital? Do you use a command economy?

I’m not deifying anything, it just seems that capitalism is the most efficient economic system we can come up with. And combined with regulation seems to produce pretty good results, see most of the better parts of Europe for example

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- jantin@lemmy.world ⁨10⁩ ⁨months⁩ ago
  A system which stores vast percentage of capital inert in the hands of a few entitled parasitic rapists is not “efficient”.
  
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  - throwwyacc@lemmy.world ⁨10⁩ ⁨months⁩ ago
    Do you want to maybe suggest something practical? I’m not particularly interested in the relentless “capitalists are evil” meme. I am interested in hearing about alternatives with merit Also inert? Are these people really sitting on cash? Or are they investing in various parts of the economy?
    
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    jantin@lemmy.world ⁨10⁩ ⁨months⁩ ago
    t a x t h e r i c h At, say, 90% above 2m earnings and also bring in a generous estate tax - one which would trigger above some large value, say 10m$ so that a lucky rando with a house isn’t hit, but someone with 9 digit net worth is.
    
    And yes, they do sit on a ton of this cash. Buying yachts, flipping artworks and building bunkers in New Zealand aren’t exactly productive investments. And yes, a large amount gets invested here and there but it would still be better to deconcentrate this.
    
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- ZombieTheZombieCat@lemm.ee ⁨10⁩ ⁨months⁩ ago
  
  Sorry what’s your alternative? I’m guessing communism?
  
  capitalism is the most efficient economic system we can come up with
  
  “Everything I don’t like is communism.” There’s always one of you morons in every thread. I’m sure this comment will change everyone’s mind.
  
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  - throwwyacc@lemmy.world ⁨10⁩ ⁨months⁩ ago
    By all means suggest something else. It feels like 90% of the time people that are anti capitalism either suggest communism or don’t understand that they just want capitalism with tighter regulation What’s your suggestion?
    
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