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"The day all billionaires died…" (click link for the rest of the pages) (europe.pub)
submitted 1 week ago by to c/comics@lemmy.blahaj.zone
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https://thisecommercelife.com/blogs/comics/the-day-all-billionaires-died

I'm sure it's annoying for some to click offsite, but it's 20 panels long. IMO worth the read, though!

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[–] 110 points 1 week ago (13 children)

My friends always say "You can't just kill them. There will be someone to take their place." The obvious response is kill them too. Eventually, people will stop being so eager to take their place!

Though as the comic says, there's always going to be assholes. Limiting how much power they have would be great.

I am currently running a game of Vampire predicated on "what if you all just.. took out the ultra rich?". It has been satisfying.

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  • [–] 37 points 1 week ago (3 children)

    There's what, roughly 4000 billionaires? Them going all at once, and anyone who crosses the line going too, would put quite the damper on the pursuit of wealth, methinks.

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  • [–] -2 points 1 week ago

    On the pursuit of absurd amounts of wealth. Sure. But, $200m is still an absurd amount of wealth, and wouldn't be affected in this scenario.

    Also, if there were no billionaires, someone worth $990m would be the most powerful person around. Right now if someone's worth say $800m they're motivated to get to $1b or more. But, they know that if they get there they'll still have nowhere near the power of Bezos or Musk.

    With a hard limit of $1b, centi-millionaires might be even more motivated to hit $990m because there would be nobody more powerful or wealthy than them.

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  • [–] 21 points 1 week ago (2 children)

    They're right, though. It's easy to say "make people not want to be billionaires" but outside this comic, it's impossible. We need to address the issues that allow billionaires to exist and pass on their fortunes tax-free.

    If I received a million dollars, everyone I care about would live a long, happy and healthy life. Elon Musk spent almost $300 million dollars just on the current US midterms to elect Republicans and enact legislation that will give him control over you and keep you poor and desperate...

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  • [–] 2 points 1 week ago (2 children)

    The solution is an income and wealth tax tied to minimum wage. I also like a maximum wage (100% tax beyond) and a maximum wealth (ditto) including unrealized gains both tied also to minimum wage.

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  • [–] 1 point 1 week ago (1 child)

    That can be part of a solution. You also need to plug up holes like "it's not a wage - i just got a personal loan using my company stock as collateral".

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  • [–] 1 point 1 week ago*

    Oh, absolutely. Unrealized gains would include company stock and I'm not sure banks will be giving big loans on limited stock.

    I have other ideas like corporations not being able to own Intellectual property (or severely restricted terms for such ownership), Abolishing political parties, abolishing organized religion, maximum corporation size (revenue and employee count) etc.

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