A radical idea is gaining adherents on the left. It’s the perfect way to blunt tech-driven inequality.
The New York Times
writes, "Why should anyone have a billion dollars, why should anyone be proud to brandish their billions, when there is so much suffering in the world?"
Abolish Billionaires. When American capitalism sends us its billionaires, it’s not sending its best. Here’s my
column on a pretty good idea to combat tech-driven inequality.
Abolish billionaires. I don’t think this article would have been written or published a year ago. The conversation and culture are shifting. And
"At some level of extreme wealth," writes
, "money inevitably corrupts. On the left and the right, it buys political power, it silences dissent, it serves primarily to perpetuate ever-greater wealth, often unrelated to any reciprocal social good."
Abolish Billionaires! Please join me to talk about my column here on Twitter at noon/3 pm. (Admission price $1 billion, small bills.)
Does one human actually need a billion dollars? Even if that person is kind, generous and humble...does that level of wealth create an inherently corrupted system? the always-worth-reading
makes an interesting case
conventional wisdom changes so fast and it's one of the most underrated lessons of politics
Better idea: Make sure you have the sort of dynamic, vibrant economy that generates even more people who get fantastically wealthy by selling stuff people really like: and value.
Remarkable rhetoric in the Times a useful index of how dramatically the horizon of the politically possible has shifted. As I always says it’s when the opportunists switch sides that a cascade has begun
Should we abolish billionaires?
Thanks for uploading this. Your voice is really needed today, as people continue drifting far left.
The case against billionaires from
The great economic crisis we face is the grotesque level of income and wealth inequality. When so few have so much, and so many have so little, a handful of billionaires end up controlling our economic and political life. That has got to change.
NYT goes full Chavez >
, you have the denizens of Billionaire Mountain very agitated this morning: Abolish Billionaires
There's no reason for billionaires.
Socialism: a childish philosophy of selfishness and envy
Wondering if there might be demand in the future for financial products that hedge wealth volatility & keep your net worth at at the magical (and politically acceptible) level of $999,999,999. 🤔
The adulation we heap upon billionaires obscures the plain moral quandary at the center of their wealth: Why should anyone have a billion dollars, why should anyone be proud to brandish their billions, when there is so much suffering in the world?
¯\_(ツ)_/¯ so I guess this is what the NYT prints now
This seems to be catching on
Abolish Billionaires #Econ133
Banish billionaires? Via
(((Christian JB))) 🐌
"When American capitalism sends us its billionaires, it’s not sending its best. It’s sending us people who have lots of problems, and they’re bringing those problems with them. They’re bringing inequality."