this post was submitted on 03 Oct 2024
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A Boring Dystopia

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[–] BestBouclettes@jlai.lu 149 points 1 month ago (1 children)

Billionaires are a political choice as much as homelessness. They are allowed to exist because nobody does anything about it.

[–] tiefling@lemmy.blahaj.zone 22 points 1 month ago (1 children)

They are allowed to exist because they can literally buy their own political system

[–] mPony@lemmy.world 6 points 1 month ago

they can literally buy their own political system

They already have.

[–] Asafum@feddit.nl 105 points 1 month ago (5 children)

There was an article celebrating the fact that we're on our way to having the first trillionare.

I wanted to die. It's so insanely fucking disgusting

[–] Rubisco@slrpnk.net 74 points 1 month ago (10 children)
[–] bitjunkie@lemmy.world 11 points 1 month ago

Dis pos rel'van to beltalowda intres

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[–] abbadon420@lemm.ee 13 points 1 month ago (1 children)

Why would you go around celebrating untreated and ignored mental illnesses?

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[–] PrimeMinisterKeyes@lemmy.world 11 points 1 month ago* (last edited 1 month ago)

On the other hand, if we all work really hard, go the extra mile, burn the midnight oil... we can make it happen faster for that special someone.

[–] pingveno@lemmy.world 11 points 1 month ago

Look at all our WONDERFUL job creators amassing their dragon hoards!

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[–] reallykindasorta@slrpnk.net 64 points 1 month ago

It’s almost seems like the main thing you need to make money is money

[–] jinarched@lemm.ee 54 points 1 month ago (1 children)

tail -n +2 listAbove | cut -f 2 > DeathNote.txt

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[–] Fedizen@lemmy.world 46 points 1 month ago

kamala harris' proposed tax on unrealized gains seems like a great idea rn

[–] HootinNHollerin@lemmy.world 45 points 1 month ago

And that’s just the wealth that we know about

[–] stormesp@lemm.ee 42 points 1 month ago (2 children)

A boring distopia is already even a single person having more than a single billion.

[–] T00l_shed@lemmy.world 13 points 1 month ago (3 children)

Yup, there was that post a while back, like you reach a billion, you get a plaque that says "congrats you won capitalism" and then they start at 0 again

[–] itslilith@lemmy.blahaj.zone 8 points 1 month ago (8 children)

Not even a billion, as soon as you're in 8 figures you have more than a reasonable person can spend in a lifetime. Cap it at 50 million, every cent more goes towards public infrastructure and welfare

Or we could do away with capitalism entirely. Just saying

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[–] stormesp@lemm.ee 6 points 1 month ago

For real, like Prestige in Call of Duty

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[–] bitjunkie@lemmy.world 24 points 1 month ago (2 children)

That's 18 people who own about a tenth of the US GDP. Something needs to be done, and soon.

[–] UnderpantsWeevil@lemmy.world 10 points 1 month ago* (last edited 1 month ago) (1 children)

That’s 18 people who own about a tenth of the US GDP.

Okay, sure. But that's bad analysis. GDP is annual and net-worth is lifetime total. That's also global wealth, not US-domestic (four of them aren't even American).

Agree with the sentiment, but we should really be talking about global wealth not national income.

Something needs to be done

https://en.wikipedia.org/wiki/What_Is_to_Be_Done

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[–] BastingChemina@slrpnk.net 5 points 1 month ago (1 children)
[–] Kallioapina@lemmy.dbzer0.com 10 points 1 month ago (2 children)

How many security guards can one of these assholes have on duty at any one time?

Dont y'all have assault rifles and semiautomatics on you at all times and you are all about being against tyranny? WHAT GIVES?

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[–] RattlerSix@lemmy.world 22 points 1 month ago (5 children)

If my math is correct and we taxed everything over 100 billion at 100% we'd get over 900 billion in taxes. Nearly a trillion bucks if we limited these assholes to a measly 100 billion.

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[–] Rivalarrival@lemmy.today 20 points 1 month ago (1 children)

1% tax on all registered securities, payable in shares of those securities. The SEC just confiscates 1% of every position, and conveys them to an IRS liquidator. The liquidator sells them off in small lots over time, comprising no more than 1% of total traded shares. Securities with negative values are returned.

Once completely phased in, natural persons will be exempt on their first $10 million in registered securities. Corporate-owned securities will not be exempt: the are taxed from their first share.

We tax only the problematic portion of their wealth: their wealth-generating assets. We auction those assets off to the general public.

[–] Welt@lazysoci.al 8 points 1 month ago

You sound like you know what you're talking about, and convey it with spectrum-like precision. I throw my hat and my heart entirely to making your dream come true. Hoo, hoo (hoo-oo-hoo)

[–] Brosplosion@lemm.ee 18 points 1 month ago (2 children)

Is this inflation corrected? Cause an arbitrary line across 7 years of inflation is gonna be crossed....

[–] LaLuzDelSol@lemmy.world 6 points 1 month ago* (last edited 1 month ago)

No, thats a good point because its not inflation corrected its just an archived page. A dollar in 2017 is worth 1.28 today. So yes, in today's dollars there would have been 4 people above 100 billion in 2017.

[–] itslilith@lemmy.blahaj.zone 5 points 1 month ago (1 children)

I don't think we had 250% inflation in the last 7 years

We certainly didn't have a 250% increase in wages or median wealth in the last 7 years

They are parasites and criminals

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[–] Jimmyeatsausage@lemmy.world 16 points 1 month ago (1 children)

Hey, look, I found the thing the US is still number 1 at!

[–] psycho_driver@lemmy.world 19 points 1 month ago

There are probably several Russian Oligarchs missing from this list because their wealth is mostly dark money. Rumor has it Putin is the wealthiest man in the world and has been for some time.

[–] Gullible@sh.itjust.works 15 points 1 month ago (1 children)

How has musk maintained his companies’ valuations? Particularly Tesla.

[–] Captainvaqina@sh.itjust.works 26 points 1 month ago

Blatant fraud

[–] over_clox@lemmy.world 13 points 1 month ago (2 children)

Eat the rich!

I'll take a #8, with fries please..

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[–] BilboBargains@lemmy.world 11 points 1 month ago (1 children)

If only we could combine Jim, Alice and Rob into a single entity called The Waltronzoid, we could easily defeat all the other billionaires by creating a bazillionaire.

[–] bitwaba@lemmy.world 5 points 1 month ago

I think what's fantastic about it is of they acted just as crazy as the other billionaires like Musk and Bezos where they decided they wanted to go to space. Then we could make fun of people blowing up their Walmart brand space ship and be like "what did you expect?"

[–] grrgyle@slrpnk.net 10 points 1 month ago

Wow! So things must have gotten a lot better for people over the last 7 years!

Right?

[–] Clent@lemmy.world 10 points 1 month ago

Socioeconomic weeds choking out the rest of us.

Utter ignorance is how we find ourselves with so many morons admiring the thistle in the garden for its pretty purple flower. While economists stand around debating the merits of these weeds by divining dogma to give meaning to weeds natural stubborn deep roots.

[–] taiyang@lemmy.world 9 points 1 month ago

Ugh, I hate ladderboards for games with cheaters and exploiters on top. Where are the moderarors?! I demand a refund.

[–] FabledAepitaph@lemmy.world 7 points 1 month ago

This is a list of people who's creations I'd like to avoid, if at all possible.

It's obvious for several people on this list, but how do I boycott someone like the Oracle guy? As a non-tech guy, it just seems impossible. I don't even recognize several of these people, tbh.

[–] HeyThisIsntTheYMCA@lemmy.world 6 points 1 month ago (1 children)
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[–] Linkerbaan@lemmy.world 5 points 1 month ago

Oil princes are far richer than this

[–] zcd@lemmy.ca 5 points 1 month ago (1 children)
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