No one person should have more wealth than 1 billion dollars. It's more than enough money to spend on whatever you want and wanting more is just for the sake of pure greed. Any amount after that should be considered illegal and taken away by the government.Thoughts?
>>529209186I've heard this argument. The question here is more practical. Tell me how you're enforcing it.
jews.
>>529209275like tax fraud
>>529209186It's not a matter of exact numbers.People with wealth should use it to better the lives of people with less wealth, full stop.Just as the strong should protect the weak, the rich should serve the poor.
I don't agree. But more to the point, the money you have should be based on what you earned. Work for $1, you have $1. Today you can make "magic millions" using the stock market, money that appears in your account totally disconnected from any real-world production. That needs to end.There are numerous "hacks" in the system, mostly using the Stock Market, by which people accumulate vast fortunes totally disconnected from their value-added to the society. Billionaires would not exist if people were worth what they actually earned.
>>529209186you are a retard
>>529209324>puts it all into a philanthropic fund like bill gatesWhat now?
>>529209337>People with wealth should use it to better the lives of people with less wealthAnd that would be how it's done. The government shouldn't allow billionaires to exist and instead distribute their wealth. Of course they will just give sign it in the name of their family members but at least it's not sitting all unused in one place and will be more circulated.
>>529209540>unusedyou are a fucking retard and never handled more than a couple of two euro coins
We wouldn't have SpaceX if Musk wasn't a billionaire with money to burn.We literally wouldn't have regular and relatively safe access to LEO if some autist didn't have a billion dollars (and honestly like twenty autists before him who blew billions and failed to make it to LEO, because they supported the independent rocket engineers until Musk got there) (btw I fucking hate Musk).People in favor of stealing from others using the state should be shot.
>>529209186>you shouldnt have this number i invented okay becauseeeeee my feelings say socalm down communist
>>529209540The billies are the guberment if you have not been paying any attention the last 20 years
>>529209337why doesnt government just print the exact amount of money billionaires have and give it away? oh right, inflationstealing from billionaires would do the same thing, inflation, you dont know what you wish for
>>529209639>We wouldn't have SpaceX if Musk wasn't a billionaire with money to burnwe would have it as a coalition of people instead of just belonging to 1 bored guy with mood swings
>>529209186It should be taxed at like 80% or higher, but it shouldn't be illegal otherwise you'd reduce your tax revenue by disincentivizing further income
>>529209376One of the top jobs in our society is a CEO position. They earn about 100x as much as a skilled professional. Around $10-20 million/year. They must be whirling dervishes of efficiency, decisiveness. Carefully cultivated since birth for this role. By living every single day to its optimum efficiency, with every minute and every second optimized to the fullest, they can fulfill this role. Now it's not possible to serve in this career for 50 years, it's simply too demanding. But let's say you could. Earning $20 million for 50 years, you would have exactly $1 billion. This is the theoretical maximum for what someone in our society could earn. An impossible ideal to strive for. And yet, Elon Musk magics up $400 billion at the age 50. How?? Clearly the money being earned is not equivalent to the value being produced.
>>529209186>figure out a way to make over a billion dollars>state takes all of it awayOkay? What problem does this solve? Because it creates a huge problem of incentives. Do you think anyone thinks to create a company employing 10s of thousands of people if it's going to get nationalized if it succeeds? It's nationalized gains and privatized losses.
>>529209186ok commie
>>529209743>the money being earned>the value being producedLabour Theory of Value is so fucking retarded. What makes you think this is how any of this works?
>>529209186Why is 15iq ai art being spammed at me? Fuck you mods.
>>529209186What about not having more than a billion, but managing more than a billion. As in having 10 billion dollars that you only control but are not yours. Like, like, analogy.
>>529209186Imagine thinking billionaires got that in cash... you must be totally retardedIt's their companies that own their goods, technically they own nothing, you can't tax nothingAre you fucking retarded? Can't you educate yourself in finance and how money works?
>>529209186>No one person should have more wealth than 1 billion dollarsKill yourself.
>>529209878But we should tax unrealized capital gains!
>>529209649>you shouldnt have this number i inventedThis is normal. Consider the tax code, theres different rules for different X amount of moneys. The government decides it, and yes they just invent the amount.
>>529209186>people still believe that these people HAVE billions in cash on handYou 60 IQ retards really don't understand what net worth is, do you?
>>529209878any company worth more than 1B should be ran by multiple people so not one person can have more than 1B
>>529209944Flat tax is a thing
>>529209818No dude, this is not communism. This is literally libertarianism. Money earned = money possessed. You work, you earn money. How are these people conjuring up billions of dollars totally disconnected from value-added? In Elon's case, it's because he gets privileged access to the ground floor of companies. The Stock Market is set up as a gambling house, so there are extremely strict rules around "going public", generally companies don't deploy on the Stock Market until they're already set up with investors behind the scenes. Guys like Elon get in on the ground floor, and provide an intermediary between the startup, government, and other connected people that ensures its adoption. That's why he earns so much. In a competitive environment, where anyone could bid on these companies, wealthy insiders would not be getting this big sweetheart deals.
>"Hey! No one person should have control over that much money!">*confiscates it and puts it under the control of an unelected government bureaucrat*>"That's better!"
>>529210000And must have at least 50% niggers and women
>>529209186What? Lmao, no one should have more than 200k a year after expenses, what the fuck is worth 200k to do through the year?And anything more than that and no commoner will ever see a cent of it. It goes to bullshit luxury providers and exclusivity products (right back into jew hands)
>>529210000Apple should have 4000 CEOs and Nvidia should have 4700 CEOs. They should fire/hire hundreds on the whims on the markets on a certain day.Are you genuinely retarded?
>>529210030Libertarianism is just a retarded as communism. You both make shit up that isn't real and then try to explain to other people that they're only beating you because they're "unfair" and they "don't understand economics". Everyone here knows exactly what they're doing, the goal is to minimize labor and maximize profit.
>>529210106I'm quite literally the only non-retard on this website.
>>529209722That literally didn't happen for 4 decades. From the 80s through the 10s, and even up to today, the governments around the world have failed to build a sustainable rocketry program.The only rockets "groups of people" care about are rockets to deliver nuclear warheads. Not rockets for peaceful space exploration and exploitation.Lower your tone, commienigger.
>>52920918650 milions is already more than enough
>>529210103I mean when you really think about it, you don't NEED more than 90k a year. Plenty of Africans feed their entire families on a fraction of that. Any more than 90k should go those that really need it
>>529210164Then instead of claiming to be non-retarded please put forward a non-retarded ideas.
>>529209186I don't care how much someone has so much as how they got it. Billionares don't have 1 billion dollars, they have assets (largely stocks) that are valued at being >1b. The stock market being over-inflated (making these guys billionares) is a consequence of bad fiscal policy leaving no safe harbor, so everyone is over invested in stocks to hedge against inflation.You shouldn't be against rich guys wanting "more" since that creates jobs and industry - the scammers are the hedge funds and financial guys, they're the ones making money off of just having a pile of money, instead of productive work.
>>529210185>Not rockets for peaceful space exploration and exploitationmusk rockets are made for profit first and foremost
>>529210154You're totally missing the point. I'm saying these guy's fortunes are not in proportion to the value they added. Elon for example, is a very good CEO and an innovator. Those skills might even make him worth $500 million. But where is he getting $700 billion from? This kind of money that gives him control over nations, and it's not in proportion to his actual value-add to the society.
>>529209186STFU communist retard.
>>529210296profit = service or good someone else found useful
>>529210265The stock market will keep going up because capital is more important than labor in the future. A single factory can do the work of 10 million men. Bet on the stock market.
taxing billionaires wont improve my life at all. thats not how economies work.
>>529210296>just send rocket into space without making a profit man >thats how you advance by being broke after every launch Digging commie retards
>>529210296Everything is made for profit. Even in communism societies. No one needs anything. You don't need to live. You want to live, you want to experience pleasure and avoid pain. That's profit, not need, which is fine. We want more than we need when we want to live.
>>529210296Yeah and they work.Government rockets are made as a jobs program and cover for nuclear warhead rocket research. And the government rockets don't work.There's a pattern there.
>>529210311>But where is he getting $700 billion from?Like all super rich people, it's in stock they have their companies, plus other shit they own like houses, cars, planes, etc. How are you people so retarded? It's his net worth, not what he has on hand.
>>529209186>Thoughts?Didn't read but think you're a gay faggot whose opinions and life are worthless.
>>529210311If he didn't "add value" then where did the money could from? Who is "unfairly" distributing all this money? This is an absolutely delusion way of looking at economics. No one earns anything. We fight tooth and nail for tokens of value backed up by state violence
>>529210461Yeah but my point is this: >>529209376 > the money you have should be based on what you earned. Work for $1, you have $1. >Today you can make "magic millions" using the stock market, money that appears in your account totally disconnected from any real-world production. That needs to end.>>529210030>In Elon's case, it's because he gets privileged access to the ground floor of companies. The Stock Market is set up as a gambling house, so there are extremely strict rules around "going public", generally companies don't deploy on the Stock Market until they're already set up with investors behind the scenes. >Guys like Elon get in on the ground floor, and provide an intermediary between the startup, government, and other connected people that ensures its adoption. That's why he earns so much. My basic point is that ALL billionaires, 100% of them, are exploiting some type of "hack" in the system. Something that is unnaturally multiplying their wealth beyond the level they've actually earned. I could go down the list of you want
>>529209186What if I want to buy nvidia. Or every politician. Or sponsor an entire political ideology?I’d need more than a billion buckaroos for that, son.
>>529210461He is attempting to calculate how much money he thinks Musk "deserves," then feigning shock that Musk has more than he "deserves".
>>529210573>What if I want to buy nvidia. Or every politician. Or sponsor an entire political ideology?That's the thing, you wouldn't be able to be jewish. At least not by yourself alone.
>>529210570Everything is natural. Nothing is earned.
>>529210570So you want to get rid of the stocks so nobody can invest in your company except the owner(s)? I guess you also have a problem with people that inherit shit since it's also disconnected from any real-world production. If not, then you don't have an argument. Who decides what your work is worth?
>>529209186Once you get 1 Billion you should just get a wee bronze star on your name, and then get reset to zero and get to grind again for the silver prestige moneybags rank. People will see that wee star and know that you are legit at grinding money. It works for gamers, I see no reason why it shouldn’t work on CEOs.
>>529209186Doesn't matter how much money someone has if they can't find contentment, appreciation, and gratitude. Without contentment, appreciation, and gratitude you'll always be in poverty.
>>529209186
>>529210570this comes off as pure resentment. you've never explained how things would be better without billionaires. you just think its "unfair". do you even think about the consequences of displacing billions of dollars from the economy?
>>529210651The free market is assuming that all your economic calculations are based on "rational self interest". But obviously that doesn't work whenever human's minds are corrupted. Such as, in the case of drugs, that creates an addiction that short circuits "self interest". The Mars family sells addictive candy products. These products create addicts who come back for more, because they're addicted. At that point it's not a "free market" because these people are not acting in rational self-interest anymore. They are just addicts. The Mars company employed a deliberate strategy of monopolizing shelf space, gobbling up lesser brands to create a huge monopoly. They profit off obesity. >>529210761In that specific case, I suggested creating a "pre-public exchange", so you could bid on companies before they come to market. You wouldn't get stock, but rather promissory notes for stock. That way these companies could be bid on by average investors, and you wouldn't have wealthy insiders becoming overnight mega-billionaires. >I guess you also have a problem with people that inherit shit How is this even comparable? You're just tossing out another list-item on your "defending the status quo" checklist I guess.>Who decides what your work is worth?There are clearly hacks being used in the system to unnaturally inflate fortunes. People earning wealth that isn't connected to their actual value-add. Like in a monopoly
>>529210236How do you even spend that money? A good hotel can cost you 300 a night, x365 = 109'500. Living your whole life in 4 star hotels with 90'500 to spare.
>>529209186You have a lot of faith in this government which will be having a lot of billions in excess. You must think this government will use this money to help the people. You must be the dumbest person in Romania. You have have zero clue about human nature, you have zero clue about politics and those who wish to stay in positions of power. Your intellect is so poor, it would lead to people being killed, starved, and corruption. And all of this tragedy could be avoided if you were not jealous of those who are smarter than you, greedier than you, and those by lot in life having more than you. When the question is asked who is more evil, the man who earned his money or the man who thinks it is unfair he has so much. The answer is (You).
>>529209275killing billionaires is a good start. One of the rare thing I agree with commies.
>>529209929which would make the middle-class trapped to never be able to accumulate wealthfucking commie>>529210000which is already the same fucking moronwhy do you think there are board of executives?!?!leave this board and never come back
The “millionaires make fun of billionaires for being out of touch with the working class” bit never gets old
>>529210963Look anon. Let's say you're playing a game. In the game you earn gold for hunting, doing quests, trading furs and ingots in the marketplace. It's a fun little game.But then someone figured out you can sit in the corner and spam the restart-button, and multiply all the gold in your inventory. So from now one people just stand in the corner multiplying their gold without playing the game at all.In that cast, there's clearly a hack in the system. You aren't earning the gold anymore, you're just hacking it in. That's what I'm saying. Clearly the system is broken in a lot of places. Mostly with regard to the Stock Market, which is literally set up to enable this stuff to happen.
>>529211046You didn't answer my question. Who decides what your work is worth?>How is this even comparable?You don't want people to have wealth that is disconnected from any real-world production. If I simply am given a house by my parents, then it's disconnected from any real-world production. If you're okay with inheritance, then your argument doesn't pass a simple logic check, which means you don't have an argument.>I suggested creating a "pre-public exchange", so you could bid on companies before they come to market.That's just stocks under a different name. People would just jump in when it's getting enough pre-public exchange action because that means their IPO would be high, and they'd make a fuckton of money.
>say people shouldn't be ultra rich>OY VEEEYYY
>>529210296And?For profit means he can launch more of them, and develop better ones to launch even more ofThis has resulted in him alone being over half of all upmass worldwide for a fucking DECADE STRAIGHT
>>529211362>Who decides what your work is worth?I explained here: >>529209743The theoretical maximum earnings over your lifetime, should be around $1 billion. Anything that is higher than that, is evidence that some sort of hack is being used. Something has gone awry. I mean take the case of Bloomberg. He made his money by transmitting stock information 5 milliseconds faster than his competitor, enabling investors to front-run the market. Any investor that didn't pay for his service was at an immediate disadvantage, so they all had to pay.How does transmitting stock information 5 milliseconds faster correspond to value-added to the economy? He didn't cure cancer, he didn't develop a new welding technique, he didn't invent some new industrial process. What did he add to society? I mean come on. If his product was banned and all investors got their stock information 5 milliseconds slower, nothing we would be different except he wouldn't be worth $80 billion anymore.
>>529209186Wealth is not necessarily for personal expenditure. It can also be ownership of an asset you value (such as a business). People should be able to own big companies.
>>529211557You still haven't answered the question. Who decides what your work is worth?
>>529211806Your work is worth what it would be worth in a competitive market. But the problem is, not all markets are competitive. Another example I could use is Wallmart. They are a vertical monopoly. They own everything from production, to the shipping, to the distribution, to the store itself. How can a small business compete? Ideally, the shipping company would be separate, and then sell the product to American companies. That way all companies in America would have equal access to these goods, which would be pretty much the same price for everybody. That way there's lots of competition. Wallmart set things up so there is no competition. They have huge regional monopolies over massive portions of the country. That's how you get the Walton family and their absurd net worth.
>>529209540>but at least it's not sitting all unused in one place and will be more circulatedthis is why poor retards should not be allowed to vote.rich people don't just have shit tons of money in the bank.you would lose ass tons of money to inflation doing that.they invest it in shit that makes money
>>529209186>It's more than enough money to spend on whatever you wantNot really. You can only think of buying frivolous things but there's tons of stuff you can't build without more money.
>>529212007What are you talking about? Walmart has fierce competition all around the US from other grocery stores (and other stores) as well as online stores like Amazon. Yes, Walmart does distribution, so does all the other major retail chains and Amazon. They do some production, but so do the other major retail chains. Although I can make the argument that it's all the same shit made in the same factories as the other retail chains.
>>529212288In huge portions of the country they have regional monopoly. In fact the entire layout of an American town is centered around a retail area, usually with one key big-box store. That big-box store is essentially the monopoly provider for the town. Things are set up this way, deliberately, because companies like Wallmart decided that. In Europe it's not like that, they have a lot of little shops all around, locally owned a lot of them. In Japan too. The US is set up deliberately as like, a personal farming area for these big oligarchic company guys.
>>529210311you realize the "value added" is not decided by your feelings but guess what, money...
>>529210637>the jews would have to be jewish... together... and to do this... white man must surrender their wealth... to the jewsWhat the fuck are you actually trying to achieve? Someone should post the image about jews in the Soviet union's leadership.
>>529209186All white males should get a billion dollars upon reaching their 18th year
>>529212536>provider for the townMost towns/cities are small and only have space for one, but neighboring towns/cities have different ones. That's how it is for mine, which technically doesn't have a single major retailer. The cities that surround mine have different ones though.>regional monopolyWhere? You're clearly using terms very loose and fast.>In Europe it's not like that, they have a lot of little shops all around, locally owned a lot of themWe have that in the US too. You're either purposely being dishonest for some reason or haven't left your city before.
>>529209186Wouldn't it make more sense to assess wealth based on material holdings in stead of shares in a company that can't actually be sold without crashing their value. It's not real money. Let's start calculating that way and see where we're at.
>>529209337>People with wealth should use it to better the lives of people with less wealth, full stop.People like Henry Ford used to do that until jews stopped him and made it illegal for companies to do anything other than milk workers for as much wealth as possible for shareholders.The answer to all problems is the same: remove jews from civilization. Quarantine them from the rest of the world.
>>529212930I posted the map. Each of these chains has their own territory staked out. It's kind of mind boggling you're trying to argue this, I don't think you're arguing in good faith. >We have that in the US too.No. Actually Europeans are very shocked by how America is set up. In Europe the store is within walking distance. They don't even need to own a car much of the time. In the US owning a car is absolutely mandatary. Things are set up so all suburbs in a 20 mile radius all funnel into one big retail center. The basic point I'm making is there are hacks in the system. These billionaires are using them. Rather than discovering the hacks and patching them out of the game, we exist with the hacks, watch people hack themselves billions and then say "you must be against the free market". The stock market is so fucking broken. It's like whoever designed it had malfeasance in mind. You know how many of our top minds are getting sucked into trading around worthless IOU's on wall street, instead of doing REAL economic shit? Like you know, inventing a cure for cancer, inventing new industrial processes, new engineering breakthroughs, new space technology.....etc.
>>529209186Why I should engage with your system and with your people if I'm not allowed to gain above X worth of monopoly money from it. Why I shouldn't hoard resources since I'm allowed to own them but not X amount of monopoly money.
>>529213215>I posted the mapJust because they're the major retailer for that state, doesn't mean they have a monopoly. Ohio's is some place I've never heard of, which is weird since they have Walmart everywhere as well as other major regional retailers. Kind of defeats your argument right away.>In Europe the store is within walking distanceEuropean countries are tiny, which means they cram more cities into less space. Of course you can walk places more easily. You clearly have no clue about the sheer size of the US. So yeah, you're clearly just retarded or a dishonest troll. Which is it?You keep jumping between conflicting arguments that don't stand up to basic logic checks. You still can't seem to grasp that net worth isn't what people have on hand. You say people should get paid what they're worth, but can't even tell me WHO decides what they're worth. You talk about real-world production, but can't even pass that logic check. You clearly are just a retard that doesn't understand how the world works. I get it, you're upset and jealous with people that are worth more than you. Just admit that and be done with it.
>>529209186>No one person should have more wealth than 1 billion dollars.I agree. Except for me.
1.5 billion isn't even enough to give every indian in india one dollarWhat can you buy in India for $1?A bag of cow shit coated peanuts?
>>529209186>1000000000>No one person should have more wealth than 1 billion dollars. It's more than enough money to spend on whatever you want and wanting more is just for the sake of pure greed. Any amount after that should be considered illegal and taken away by the government. >>Thoughts?Thoughts - I would spend all my money so that it says just under 1 billion - now I have millions in property assets instead of having over 1 billion dollars.
>>529209275Taxes.The highest tax bracket in the 1950s to 1970s was taxed 70% to 90%.Just make it 100 percent afrer $1 billion. The Epstein class can corrupt millions of young women. This is why there are so many incels.
>>529209639NASA did a better job and all NASA spending was incredible for the whole economy. Not just one dude.
>>529213607>European countries are tiny, which means they cram more cities into less space.Europe packs so much culture and history into a small land area. Imagine if the USA could be that way, instead of being a mono-culture. The same retail stores and strip malls, and almost no culture or language distinctions between the regions. Take two different land areas, one becomes a monoculture, the other becomes a wonderful diverse area. The US could easily replicate Europe, which is shades closer to the ideal. >net worth isn't what people have on hand.I don't know why we should let people exploit a broken system and then give them a free pass with glib little statements like this. I mean I guess to a certain degree net worth is like a bank with no withdrawals. But to a certain degree it isn't. Asset managers have ways of diversifying wealth so that the money is easily converted to cash on hand whenever you need it. The money still gives them tons of control over the system, they can borrow against it, use it to monopolize areas of the economy for further exploitation. Why do people always feel the need to defend the status quo? Why can't they think for themselves? Do you really believe this system is perfectly designed, with no flaws, and billionaires totally aren't exploiting the game?
>>529209706What we wish for is taxes that build roads and bridges and dams. What we wish for is taxes that pay for healthcare and schools. The CEO of a company used to make 100 times what a normal employee did. Now it is a thousand plus times. Americans used to have savings accounts and buy houses and have kids. As it is without the government taxing and supplying these things people arent having kids. This makes immegrants essential to a functioning economy.If you want a fmaily and a home and a life free of immegrants you had better wish for higher taxes and fewer rich people.
>>529211806The people who print the fake little monopoly dollars
>>529214032>US>mono-culture>almost no culture or language distinctions between the regionsYes, just ignore the fusion mix of cultures and food that we have. Ignore entire areas that aren't even America culture wise. Ignore the fact that entire states have different cultures. According to you, Cajun country in Louisiana and Amish country in Ohio are exactly the same as each other and as what you'll find in NYC, SoCal, Wyoming, rural West Virginia, etc. You're just proving that you're an actual fucking retard that has never left his city or even house before.
>>529209186I disagree. There is only one form of wealth that should be restricted, and that is land. Land should be fairly shared, but all other forms of wealth should be unrestricted.
>>529209186Make it a trillion and I would agree. A trillion should be enough.
>>529214355While this is a main sane take, there are problems with it. The main issue being that would include businesses, which makes no sense for it to be fairly shared in relation to homes. Homes and apartment land can't be "fairly shared" either. Gets even trickier with farms as you need massive land for farming. Some people will naturally have way more land than others.
>>529214355Not willing to die for your country = no right to own landPoliticians, bureucrats, lawyers, judges included
>>529209186>give money to the governmentno the money should be evenly distributed among the people, the government has enough already
>>529209186Low IQ retard train of thought. This is someone with a sub 80 IQ who kind of has a grasp of morality but has no understanding of anything. They want to do what's right but they are literally retarded.The obsession over a billion is completely arbitrary. Inflation is so bad that a billion is probably half of what you think it is. Billionaires are going to become more common because of inflation, the number is meaningless.You don't understand what the money is. Networth is a highly misleading stat to track. They are not sitting on a billion dollars cash. This isn't some hoarding where you get deprived of money because someone has a networth of 1 billion. No one is poorer because someone has a billion dollars. It's not how it works at all.The problem isn't that some people have an estimated value of a billion through ownership of factories, stocks, contracts. It's all meaningless to the average person.The real problems are with some ways this networth is obtained. Pyramid schemes aka the stock market, pump and dumps, aggressive monopolies, lobbying. These people do not have a billion dollar cash just laying around, but there are ways to leverage their networth and they can do damage.There are issues that should be addressed, but the problem is the average person is retarded like OP. This guy would need a 2 year training course to grasp the basics so he can even identify what the problem is and what he should be mad at. All these people see is ''durr number big! my number small!!!'' Your bank numbers have no relation to the networth of billionaires, they are not even the same thing. The idea of even quantifying their wealth into dollars is completely stupid. Elon Musk doesn't have hundreds of billions of dollars. He has a 10+% share in tesla, 10+% share in spacex, +10% of twitterYou can't distribute the stocks. You can't eat the stocks. You can't build houses out of stocks.
Yes, over $1 billion and you become a political force
Allowing billionaires to exist is functionally retarded. Too much power over the economy and growth of the country.
>>529214269You go to Louisiana, you see the same strip malls as you do in California, or Pennsylvannia. Take something like Oregon, In Europe that land would have 5 countries occupying it each with their own language group, architecture style, their own cultural practices....etc. The US deliberately created a mono-culture because it benefits power systems to have this. Again I think you're arguing disingenuously.
>>529214818Elon Musk -- Privileged access to the ground-floor of companies-- Networks between government and other oligarchs-- Gets to decide which technologies live or die, based on his own whimsMark Zuckerberg-- Built himself a network monopoly. The power of the service isn't the quality of the service, but rather then number of people that can be connected.Bill Gates-- Sneaked language into his contract that effectively made him the monopoly provider for certain technologies.-- His company thrives as a monopolist, dominating 90% of desktop computers with little competition.Google founders, Larry Page/Sergey Brin-- Their search engine became a monopoly. -- Using branding, advertisement, to achieve total generational hegemony/-- Gobbling up of small budding tech firms to secure a monopoly on top talent. Mars family-- Sell addictive candy products, designed to trigger addictions in people.-- Deliberate policy of monopolizing shelf space and buying out competitionWalton family-- Vertical monopoly-- Integrated in governmentJeff Bezos-- A service-monopoly, it's economically inefficient to have a duplicate network of warehouses, shipping, and distribution.-- Basically a government service in private handsMichael Bloomberg-- Allowed stock traders to frontrun the market and make money-- Became mandatory for an investor, he basically created his own demandHacks in the system identified>Network monopolies>Vertical-monopolies >addiction, which short-circuits rational thinking>Advertisement, exploiting tribal thinking with branding to create irrationality>Stock speculation, which is fueled by irrational urges>privileged access to the groundfloor of startups>immigration/outsourcing for cheap labor>connection with governmentGo down the list. 100% of billionaires are exploiting some hack in the system. It is not possible to earn billions through value-added to society. Which is literally the whole conceit of free market capitalism.
>>529215289Yep, you're retarded and can't even comprehend what I said. You have no clue what the words you use actually mean. This is why they say never to argue with idiots, and you are definitely a 60 IQ retard. Congrats, you got filtered. Reply more, I'll never see it. I know you'll claim some "victory" because that's the shit you people do.
>>529209186>taken away by the government. By the very thing that robs and rapes people daily.By the very thing that is billiahorder and gets more reach because it's stealing nonstop.Come on, man...
>>529215417Anon I don't even think you're very intelligent. A lot of the stuff you said is really stupid. Like because a couple thousand Amish and Cajun exist, that means America has the same cultural diversity as Europe. America is pretty much just a mono-culture. A lot of states have 40% of their population as immigrants to the state from other states.
>>529209186>shouldclarify 'should' and who gets to play 'should master'.
>>529209186Does anyone actually really have more than a few dozen millions in fiat at a time? It seems if you have in in cash and not invested into some assets the inflation will eat at it so fast you won't be able sleep just thinking how you go broke every moment.
>>529215722How is relevant.
>>529215349All the stuff you had chatGPT write for each of them is a real issue and the real problem with them.Focusing on their networth is a brainlet retard trap. None of these people earned billions of dollars. They don't have billions of dollars. Any imagined networth they have is freely moving in the economy.When you frame it as an issue about wealth people get the retarded idea that you can just tax these people, just raise taxes and the problem goes away. If a powerful person is pushing for censorship and wants digital ID, that should be shut down and you should go after that person. It doesn't help when some idiot google searches that person's networth and comes up with some fake speculative number of billions which turns it into ''reeeee rich people have too much money, I can't afford groceries because this guy is hoarding my billions.''These people are above money.
>>529209186money is a pleb filter, only plebs count the amount.
>>529215876I mean that the billionaires as portrayed by lefties don't really exist. There are people having assets worth of billions but they can't just grab a piece of it and hand over to the bums on the street; they would have to liquidate something and at the very best it may leave some people out of jobs and at worst cause a stock market crash an a financial crisis.
>>529215931These guys are all exploiting hacks in the system. These are hacks that exist, that people are leveraging to build immense fortunes totally disconnected from the amount they produced. In a highly competitive environment, it shouldn't even be possible to produce enough value/second to be worth a billion dollars in one human lifetime. Like Elon has so much wealth, his descendants will be rich for the next 50,000 years. Does that seem fair given the amount of value he produced for the economy? I mean sure, he's a good CEO. Great even. But he shouldn't be worth $700 billion, that's like the GDP of a country. >people get the retarded idea that you can just tax these people, just raise taxes and the problem goes awayI literally have never said that once. I'm saying, there's huge exploits in the system all these guys are using. So let's fix that. Most of the exploits are related to the Stock Market, which was like, deliberately created as a machine to scoop wealth off society.
>>529215722Probably not, and most of the wealth used to fund DEI, etc. doesn’t even come from their own pockets but from wealth management funds. >>529209275It’s not perfect but >forbid them from buying stocks>forbid them from managing their own charity funds (unless the fund counts toward their net worth) >forbid their children from managing their charity funds >ban them from wealth management industries the way aerospace engineers have a cooldown period between different jobs They’re still going to fund ways around it but it would be something However what would really happen is that they would all move to Switzerland
>>529216082They just sell off some stock. The money is there when they need it.
>>529216082Selling stock at market value doesn’t put anyone out of a job. Liquidating failing companies at junk prices does.
>>529209186since population is 8 billion then a cap can be at population size
>>529209275it could be easily enforced by IRS. you report your assets and you're required to pay based on your networth
>>529209186No one person should have more wealth than 1 thousand dollars, it's more than enough money to spend on whatever you want.
>>529209186>Any amount after that should be considered illegal and taken away by the government. Thoughts?My thought is communists like you should immediately be shot in the brain because that is the only reliable way of dealing with your kind.
>>529212791Sneed's Feed & Seed (formerly Chuck's)
>>529216142You aren't even reading and comprehending. These people are not worth billions of dollars. Those figures are speculative retardation.Elon Musk didn't build ''immense fortunes.'' He had significant stocks in all the top companies and because the stocks are doing well you have this retarded pyramid scheme called 401k where people will keep investing into the top stocks so they can cash in on the pyramid scheme as their retirement plan.It's a retarded system that shifts the costs and risks of pensions from the government to stock companies, so when the company loses all stock value it's not their problem.Your entire rhetoric is retarded>Like Elon has so much wealth, his descendants will be rich for the next 50,000 yearsLike what the fuck are you even talking about? How the fuck do you think any of this shit works? You think Elon Musk is hoarding his tesla stocks, putting them in a safe and then his great great great great grand child will take a tesla stock and do what with it?This entire rhetoric is so stupid it's giving me brain damage.This complete lack of understanding how anything works and obsessing over numbers takes the conversation away from solving any problem or even talking about it. This seems like retardation designed to sabotage anyone talking about it.
>>529209540>>529209706My point wasnt that they /shouldnt/ exist. I'm saying the point of their existence should be benevolent towards others.I don't think billionaires should never exist. It is theoretically possible for a benevolent billionaire to exist, but I think the point of them having wealth should be to help people in ways that someone without wealth couldnt.But yeah, weather a good person could remain good without eventually giving up most his wealth, I agree that might not be possible practically speaking.
>>529209186You commie retards act like this is a vault of gold. All billionaires wealth is largely tied to the companies they create or lead. By all means, they should keep that stock or they wouldn’t be invested in their work by their wealth tied to it.Monopolies should be broke-up or a tax equal to market share in a particular industry, whatever to balance the income gap. But it’s dumb AF to say “no billionaires” as if you could just cap it.
>>529216641>1 post by this ID
>>529216666imagine wasting such quads on such retarded drivel by an absolute moron
With 1 million in bank you could get 50,000 interest each year. This is enough to live on so 1 million is all you will ever need
>>529216924Kill yourself trans freak>muh quads XDDD how do you do my fellow 4channels, we love our memetic keks amirite??
>>529209376So invest in stocks, retard. There's no one stopping you.
>>529216666>These people are not worth billions of dollars. Those figures are speculative retardation.I think that's a fucking cope. I think that's what you need to believe, in order to justify the current system. I think you're partially right, their money is illiquid and precarious. But even if they had access to 10% of their money after selling, that' many orders-of-magnitude higher than they should have, by means of their value-add. >Like what the fuck are you even talking about?If Elon spent $10 million/year for the next 50,000 years, he would still have thousands of years left. >You think Elon Musk is hoarding his tesla stocks, putting them in a safeSure he could if he wants. His descendants will be wealthy for thousands of years. >This complete lack of understanding how anything worksNo, I just think you're inventing narratives to excuse obvious hacks in the system that I've been describing. I've literally described like 15 different ways these guys are hacking the system, exploiting loopholes, to inflate their wealth to unnatural levels. And you haven't even acknowledged that. It's actually fucking weird, from my perspective. It's like....dude I thought you believed in free markets. I'm explaining how none of this is free-market, and you still object. You just believe in the status-quo I guess?
>>529217113Ok, that confirms it. You are a paid shill intentionally destroying conversation. Tell Peter Thiel to kill himself.
>>529217105Money should be in proportion to the value you created.Create $10 of value for society, get paid $10. That's how it should go. But using the stock market, and other loopholes, you can just spawn yourself in with millions and millions of dollars generated completely disconnected from your value-add to society. Like a Fortune 500 CEO makes about $10 million/year. Fine, that's what he's worth. But that might only represent a pittance compared to what leveraging stock options makes him. Why are there all these exploits?
>>5292171931) The 7 deadly sins in catholocism are all things that short-circuit rational processes. Greed, Gluttony, Lust....etc. These are things where the "free market" doesn't necessarily apply, and should be regulated. Free market implies rational actors,. 2) Advertisement is a way of hacking the human mind to create irrational addictions. Advertising should not be allowed to be forced on people. You should be able to peruse them at your leisure, maybe on a special site, or classified ads. But forcing them down people's throat, is nothing but mass-programming. 3) The stock market needs to be fundamentally changed to elminiate speculation and overnight billionaires. Stocks should be IOU's for future repayment, that way investors will actually judge companies based on fundamentals. Tecniques such as frontrunning the market need to be eliminated.4) Monopolies need to be categorized, understood, and regulated. This includes network-monopolies, service-monopolies, talent-monopolies....etc. Each of these monoplies is created by exploiting a law or a loophole in the system5) Immigration/outsourcing is a massive hack on the system. Basically taking advantage of shitty laws in other places to get a huge competitive advantage over the native companies.
>>529217016give me your email, I'll send you some of my dick pics that you can share with your mother
>>529209186No one in the world has anyone close to $1B in liquid capital, nor does anyone have income that even approaches that amount. They have wealth. They own things that are worth $1B, like land, companies, metals; actual good with intrinsic value. It is very hard to tax wealth as in order to do so people must sell things they own to generate the liquid capital to pax the tax, which, in doing so, lowers their wealth and the amount they have to pay. It also runs into weird issues where a business owner may have to give up part of his business to someone just to generate money.A better solution is to move away from income, capital gains, and wealth taxes and move to consumption taxes like sales taxes and tariffs. You pay based on what you use and take, not what you contribute. There's no ambiguity about fairness or having to give up personal property; if you want to buy something, you pay the tax and if you want the money to pay the tax, you do something to earn it.
>>529217345Paid jeet shill using chatGPT to generate replies as fast as possible. No human could write this dogshit in 30 seconds on top of doing the captcha.This is a bot or a group of saaaars with chatGPT>>529217321>>52921734536 seconds between posts6 words per second, the average is 0.6 words per secondI am telling you niggers, these jeets/bots are here ruining the conversation on purpose.ChatGPT jeet paired with>>529217562some subhuman who spams generic insults as some sort of attempt at consensus cracking, you are supposed to see the chatGPT posts as the authority and anyone who says something else needs to be shouted down by what they think look like legitimate ''4chan style'' posts
>>529217676>No human could write this dogshit in 30 secondsOk bro I typed it up before but I had to reply to another baffling post first. Yours I believe.It's called, copy and paste.
>>529217624>No one in the world has anyone close to $1B in liquid capitalwrong, nigger! most Narcos like the one was killed the other day have billions literally stashed in cash
>>529209275Massive usuary tax. Like 90%. Nobody ever earns a billion dollars. It's just funny money jew games.I also think completely scrapping copyright law would probably help too, break up the monopolies. Who gives a shit who came up with the idea first if the second guy does it better/cheaper/faster?
>>529217624>move away from income, capital gains, and wealth taxes and move to consumption taxes like sales taxes and tariffs.LMAO so just make everything regressive taxes? We got ourself a crypto-millionaire here. How about, instead of thinking about yourself, you put yourself aside and think about the greater society for a change? Like, what will benefit society as a whole, what will make a fair-system for the society....etc. Why are you thinking "this will benefit me specifically, so I'll advocate for this". Obviously regressive taxes are not what we need in a system where 1% has like 70% of the wealth.
>>529214355An interesting take from a man living on a small, crowded island. Land is finite and it's easy to see how long term it could result in a few people owning most land. Perhaps scaling property taxes based on area are a solution to it? One person owning 10 acres would pay exponentially more than 10 people owning one acre. If someone really wants a lot of land, then they're depriving a lot of people of land ownership, and they need to give back to society accordingly.
>>529209186>Thoughts?My thoughts is that you're a retard that should've been aborted.... Here's how such an economy works.I'm a Billionaire,... I make $100 Billion a year, but most of my earnings go back into my business of running a chain of a 100 factories that each employ 10,000 per location.Now you (OP, and all the other commie retards) get into government and pass laws that say I'm only allowed to make $1 Billion per year.Okay... so I'm suppose to run a single factory? Closing 99 factories and lay off the 990,000 workers under my employ? Or perhaps operate my factories for about a month, before I shut down my entire enterprise because I just made my single billion cap, and there's no point in operating anymore....while a million people are out of work, starving, unable to pay taxes, who'll spend their days on 4chan complaining about the people who made their Billion dollars, and have to come up with a new plan to tax that billion... all leading to the point that it's illegal to make more money than the NEETs and Plebs who sit around bitching about how life is unfair....maybe the solution isn't to take from those who can earn in their life, but for Commie shitheads like yourself need to realize how useless you are in any society and need to take the exit out....?
>>529217849Consumption taxes are only "regressive" (I would call them fair, but whatever) because they're flat. If sales taxes had progressive brackets like income taxes do now that would fix any issues.
>>529217773did you know that you don't have to pay loans that bank gives you because that money ain't real and banks aren't allowed by law to loan money of other clients; so they loophole it by asking you to sign a contract promising you will replenish your own account. google it
>>529209186yeah but i'm racist so i don't want every nigger to have a lot of money run around and make even more babies and then pollute the country with a bunch of nigger babies. i'd rather be poor and have them be poor along side me. if i was in a high trust all white society i'd recommend socialism. but i can't in good concious recommend redistributing wealth to a bunch of thugs and scammers and people of low nobility. Money is the only eugenics program that actually works. The smart get rich the poor get dumb. The rich get nicer and nicer lives while the dumb and poor get weaker and weaker and fade off. If we gave all of these dumb and people super high quality of lives the first thing they would do is over populate and get us stuck back where everyone is poor because instead of 1 poor mouth to feed we have 1,000 x more mouths to feed and the system collapses on itself.
>>529218036After thinking about it for a bit, I think it could help in terms of social policy. So people will consume less junk, especially things that are bad for them. But as a means of revenue-generation, I don't think that's right.
>>529213215>You know how many of our top minds are getting sucked into trading around worthless IOU's on wall street, instead of doing REAL economic shit? Like you know, inventing a cure for cancer, inventing new industrial processes, new engineering breakthroughs, new space technology.....etc.Those are called "ventures". Yes, we need more good ones. I have long said that the biggest problem with Tesla is that America had only 1, instead of a dozen such companies. The lack of good investment ventures is largely a consequence of deindustrialization. This makes more money flow to real estate, inflating its value. Old residential real estate isn't normally a top investment.The need for reindustrialization is driven, among other things, by a need to recouple markets to the average household income. This is why we chuds were so excited about tariffs coming back into play. Tariffs level the industrial playing field and prevent manipulation by command economies. Reindustrialize and our troubles begin to recede.
>>529209186But 70% is eaten up by taxes
>>529217906>Okay... so I'm suppose to run a single factory? Closing 99 factories and lay off the 990,000 workers under my employ?The demand doesn't go anywhere though does it? Those 99 factories will still be needed, they just won't be run by you. Now there's 100 people who are 100 times richer than the norm rather than 1 guy who is 1000 times richer.The one guy with 100 factories doesn't spend anywhere near as much as 100 guys with a factory each, so the money actually cycles back into the economy rather than being stockpiled.For the workers, now there's choice. Don't like one factory? No problem, try the next one. Amazon workers are treated like dogshit because the rules are company wide and there is no competitor, they have no choice.
>>529214223>What we wish for is taxes that build roads and bridges and damsWe have all of that you dumb nigger>As it is without the government taxing and supplying these things people arent having kidsNo, people aren't having kids because women are discouraged from doing in lieu of pursuing careers until they are empty egg cartons.>This makes immegrants essential to a functioning economy.They are a net negative on public resources. At least with illegals it's -$70k lifetime fiscal impact. As for needing immigrants in general, yea if you want to be a cuck for the very billionaires and corporations you are seething about. Newsflash: a smaller population requires fewer of these services you are pretending aren't being provided. Immigrants don't do anything to make things better for citizens. Just competing for limited jobs and houses.Tl;DR you're a retarded faggot.
>>529216666Demonic quads demonstrate the validity of the post.
>>529218222There are a limited number of high-IQ brains in society. A huge portion of our brains are focused on this imaginary game of swapping paper around, instead of being applied to things like, science, engineering, new processes, new techniques for management....etc. It's like how the South stagnated hard because their elite minds were sitting in rocking chairs on their porches watching the fields, while the North got those people working in industry. > This makes more money flow to real estateLet me just explain this concept real fast. Basically as technology improves, wealth tends to go up the bell curve. Capital out-competes labor. A single automated factory does the work of 10,000 men. So all these low-skill people are basically unnecessary. While something like a programmer, or capital-owner, gets massively inflated. Normally that's no issue. The society is more efficient at producing things, so everyone has more to go around. Sure the top earns proportionately more, but everyone earns more. The reason why that fails, is because there's a few key items which scale linearly with population-size. Namely education, medical care, and housing. It's not really possible to drop increase the supply of education 10,000x, the way you can with a computer chip. Maybe you can double it? At most?These 3 key itemsm were where the rich and the poor bid against each other. That's where the rich's massively-inflated wealth really comes to bear, and the poor get completely fucking destroyed. Those 3 items: housing, healthcare, and education, are what's destroying everybody. That's what's driving people into poverty. Immigrants get those 3 specific items subsidized, so they get the privilege of multi-form production, without the downside. They are living the high life. >The need for reindustrializationA word on this. I STRONGLY believe the modern debt-based economy is completely wrong. I think it's harming people. GDP is not a good economic measure.
>>529214223>As it is without the government taxing and supplying these things people arent having kidsExplain socialist Europe's birthrates.
>>529209186>Thoughts?Fuck no. Their value, their worth has been decided by the free market (who even if you are an atheist you will have to agree is the closest thing to the actual God in the universe). EVERY.SINGLE.ARGUMENT for going against the free market is communism, which is basically the devil, the anti-god, the pure fucking evil. So no. Fuck you commie.
Are you talking about having a billion in cash or just a mix of assets that would be worth a billion if it all got sold with no side effects right now? I'm mostly sure no one person has ever had a Scrooge McDuck vault with a billion so how would you enforce this? Musk got loans against his stocks to make all those big purchases and even if he started selling his stocks by the time he sold it all he'd have maybe half their worth at best.
>>529219007>if he started selling his stocks by the time he sold it all he'd have maybe half their worth at best.Half of $700 billion is $350 billion.Wow surely this man's hard work generated $350 billion in value for our economy, and that's why he's worth so much money. Surely.
>>529209186That won't even be enough to buy a car in 5 years.
>>529219085Point being you "tax" him $699 billion, he will never be able to pay that because he doesn't have the cash and selling everything he owns will never get him a 100% return.
>>529209186"Nobody should have more than a billion dollars, except the government. You can always trust the government".
>>529213093Put them all in Mongolia
omfUCKING SHIT FUCK YOU BOT NIGGER EVERYDAY IS THE SAME WEAK FAG CRY FUCK YOU
>>529219305Ok. But I've been trying to explain this all thread.Basically my point is, NOBODY can earn a billion dollars. In libertarian, free market economics, the amount of money you earn, is directly a reflection of the value you created. Using your labor, using your mind, using your efficiency. You created value, and your income directly reflects that. A 1 to 1 relationship. Someone's bank account represented the amount of value they added to society, subtracted by the amount of value they took from society. That simple.But if you examine it, you realize, the amount of money we're talking about $100 billion, is not concievable for a human to earn. Even if you optimized every second of your day perfectly, and were the most efficient, decisive, and lucky person on earth, you still could not reach those numbers. That's more like the numbers you get from a NATION not a person. So I'm saying, these guys who are worth over a billion dollars, ALL of them are exploiting some sort of "hack" in the system. They're creating a monopoly, they're leveraging the government, they're somehow exploiting addictions. Since addiction short-circuits the rational mind and since the free market presumes rational-actors, is not free-market. That's what I'm saying all thread. I'm saying, there's these loopholes in society, they are using them, and we should close off those loopholes. It bothers me how people in this thread are either not comprehending what I'm saying, or not able to break their mind from the status-quo.
>>529210030How does investment fit into your libertarian worldview? Honest question. I have a good idea and money man says he’ll give me $1M for 40% of my eventual company. I agree. I build the company. It is now worth $100M. He sells his share and profits $39M. I potentially profit $60M. Many workers gained access to employment and many lives were bettered by the venture. We were both adults who agreed to this. End of story right? Why should he not get 40% of the company that he paid for? What mechanism prevents him from getting his $40M? And why?
>>529219590Here's the problem with your idea. Taken from them by whom and used for what? The people you want to give more power to are the ones that made them celebrated thieves and monsters
>>529209186Give me my billion.
>>529219900I don't even have a libertarian worldview. But I'm explaining from that perspective, that all these guys are rigging the system. Nobody can actually create a billion dollars in value. A top-level CEO makes like....$15 million/year? That's the market-salary, that's about what they're worth, in terms of value-added. So how are they coming away with billions? It's because of these stock market games. The stock market is like a "magic money machine" by which you generate magic-millions totally disconnected from the value you created for society. >Taken from themI never said that. I said, we should close all these loopholes they're exploiting. Like why the hell is Bloomberg allowed to frontrun markets and make $80 billion? He didn't cure cancer, he didn't come up with some new industrial process. He didn't add anything to society, yet he's floating a nation-size wealth because he could frontrun the market by a few milliseconds. I mean come on dude. >>529219841First thing to understand, is that speculation is real. Look at the bitcoin market, That entire market is nothing but speculation. It is a 100% speculation market, with hundreds of billions of dollars of action. So speculation is not a ghost. In general I think if you buy something, you should get something tangible in return. Like if I lend a company money, there should be a promissory note with a date attached for when they will pay me back. That is a real source anchor of value.I guess with the stock market, you're buying a seat on the board? The right to control the direction of the company? But there's so many loopholes that introduces, so much manipulation and insider trading. That's how you get magic-millions.Something needs to change. I think that buying a stock should not only get you a seat on the board, but you get some sort of revenue off the company too. Since you "own" the company now, profits divvy to you automatically. That way you're trading on value rather than speculations.
>>529220425>>529220425Yes but who did you think the bosses of your government are? "we should stop giving them loopholes and everyone should obey the law!" Who's going to make them? Their employees? It's even worse than you probably think. They have a fiduciary duty to make as much money for their stockholders and they possibly can. It's fuckin ILLEGAL for them not to. They entire thing needs to get thrown in the trash. I agree with you. I'm on your side, but there aren't any adults in charge. I take issue with people that say things like "tHeRe OuGhTa bE a lAw!" This view is predicated on a belief that laws were meant to limit people like that.
>>529220700Ok like one of the laws is the fact that companies cannot register on the market until they are a certain size. That's because whoever set up the market, was creating a gambling-house, and so they want to provide good gambles to the algo-traders and everyone on the grift. That is a law. And it introduces a problem, because now small companies can't get seed capital. So what they do, is have hushed closed-door meetings with wealthy insiders. Those guys get privileged access to the ground-floor, and that's how someone like Elon gets $700 billion. Because he got privileged access to the groundfloor of Tesla. He networked with the government to get them the contract and the EV mandate.So you see, the laws are often the PROBLEM. So many of these billionaires are exploiting lobbying, immigration, all of it. I mean look at Microsoft, or the Waltons.
>>529220910Maybe I misunderstand you. I agree with everything you just said. Too many laws, not nearly enough enforcement of the ones we have. Makes sense to me.
I have an idea. Hear me out. We should make a law that everyone should obey the law. Or there will be consequences. The people that make this new law have to have it enforced on them. They are going to love it. They'll do it for free, too. Maybe they'll arrest themselves
>>529221036No but, laws or no laws, the problem is loopholes. Like how about the fact that human beings are easily short-cirtcuited using addictions? Greed, Lust, Anger, Desire....we can use these to transform a rational actor, into an irrational actor, and make unnatural money. Advertisement in general is a big problem, that's why I think advertisement should be "voluntary only". If you want to browse classifieds, or some site advertising wares, that's your own business. But they shouldn't be allowed to push ads before TV shows, or youtube ads. The ads are such a downgrade to everyone's quality-of-life generally.I mean I have other ideas about the economy. I really do not like the debt-based economy. I think we're working people so hard, to generate excess consumption that is unnecessary. If everyone worked less, they consume less, but their lives are richer.
>>529209275Planned economy. All major industries nationalized. Billionaires beheaded before cheering crowds.
>>529221245Yes. The man on TV is bad. You should look up Edward Bernays. It isn't even advertising
>>529221413In the 1970's it was predicted that buy the year 2020, we would have a 10 hour workweek. Everyone would be fabulously rich. Because of technology, industry, production would be so efficient by then.Instead that didn't happen. Now we work harder than before, and get less out of it. Because instead of machines enhancing the lives of everybody, it's only enhancing a few big capital owners. Everyone else competes against the machines and their wage gets thrown into the dirt. So think, how could you engineer a situation where people actually worked less? Where the workwek actually dropped to like 20 hours/week? You would have to rethink a lot of things about economy and society. I really do not like the debt-based economy. The government maxxes debt, then needs to generate a massive GDP to pay off the debt, which means juicing consumption to unnatural levels. Although people consume more, that harms their life. If they consumed less, and worked less, and then spent that extra time doing pushups, meditating, reading....etc they would be stronger as people. They don't need to consume so much, just to boost some GDP stat. Not only would their lives be richer, it would unlock creative vaults, and we might get some big advancements in engineering and science that *actually* pushes the world forwards. Rather than just splurging all our resources in an orgy of consumption to make the GDP go higher.
>>529209186So anyone worth a billion will shut down operations and fire their employees. No more SpaceX, Starlink, etc right? Because of some stupid rule?
>>529218690>A single automated factory does the work of 10,000 men. So all these low-skill people are basically unnecessary.A single cam-controlled automatic Brown & Sharpe screw machine from 1916 does the work of 10,000 men. Your grandfather working at Western Electric did the work of 10,000 men. How many hours would it take a blacksmith to file out a 1950 Hydramatic? But even then someone made the file. Automation does not eliminate human workers, it makes their salaries higher. And because it is highly productive and specialized, each manufacturing job created results in 20 or more service and support jobs. I'm speaking from intimate knowledge of this field. You are not. You are simply a doomer repeating himself over and over, if not an actual bot. I'm just using this as an opportunity to deliver knowledge that someone smarter than you might read. If you were an actual person who really thought the stock market was a cheat code, and you weren't utterly vapid, you'd buy stock instead of griping on a Kazakh horse breaking forum.
