this post was submitted on 29 Jun 2025
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[–] AnitaAmandaHuginskis@lemmy.world 5 points 20 hours ago

Good, I agree.

He has painted a target on his own back though and he should be careful, lest he gets JFK'd or RFK'd.

[–] Snapz@lemmy.world 15 points 1 day ago

We shouldn't. And he thinks that too. Cool.

[–] Wilco@lemmy.zip 43 points 1 day ago

He is right.

Imagine a "billionaire" in the wild: An animal sitting on a vast horde of food that it could never eat while others starved around it ... yea, it would not last long.

Imagine a "billionaire" in a living body. A corporate money making entity would basically be a cancer that had to be removed to save the life of the patient.

[–] EtAl_isGitch@lemmy.world 47 points 1 day ago (1 children)

Once you go beyond $100,000,000, there is no measurable difference in lifestyle. However, power accumulates. That amount of power shouldn't be in the hands of so few.

[–] SolNine@lemmy.ml 9 points 1 day ago (1 children)

I would disagree, 100 millionaires don't own F1 teams or have boats so large and so much money they can take down bridges to get them out of port.

The problem is people like myself and many other can't fathom even desiring things so absurd... And many of these billionaires won't rest until they own the entire world.

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[–] charonn0@startrek.website 34 points 1 day ago (2 children)

One cannot reign innocently: the insanity of doing so is evident. Every king is a rebel and a usurper.

-Louis Antoine de Saint-Just, 1792

Or, put in modern terms: There is no such thing as an innocent billionaire.

[–] 0x0@lemmy.zip 1 points 21 hours ago

Or an innocent politician...

[–] return2ozma@lemmy.world 16 points 1 day ago

You don't become a billionaire without exploitation.

[–] splonglo@lemmy.world 43 points 1 day ago (1 children)

The wealth of the rich is still growing and it will continue to grow automatically until the middle class ceases to exist. If we do not take the assets back, it will become impossible for normal working people to ever buy a house, or have any economic power over their own lives at all - nevermind the political control or the media manipulation.

Extreme wealth concentration is THE biggest issue facing society. Mamdani is absolutely right.

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[–] k0e3@lemmy.ca 9 points 1 day ago

It's inspiring to see Americans are still fighting the good fight.

I agree with him. there's no morally good reason to be hoarding that much money

[–] stinky@redlemmy.com 16 points 1 day ago (2 children)
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[–] Snapz@lemmy.world 6 points 1 day ago

Had anyone ever said yet... Lin Manuel Mayoranda

I hope he goes far and makes a lot of people uncomfortable. Brave man in a moment that needs brave people.

[–] Sdes01@lemmy.ca 35 points 1 day ago (2 children)

Hoarding = mental illness = billionaires

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[–] crystalmerchant@lemmy.world 48 points 1 day ago

Lmao that's because we shouldn't have billionaires

[–] Suavevillain@lemmy.world 79 points 2 days ago (11 children)

This needs to become the mainstream opinion. Billionaires and ultra wealthy shouldn't exist. There is no trickling down or any of that stolen wealth coming back into the hands of average people.

[–] whoisearth@lemmy.ca 24 points 1 day ago (2 children)

Greed needs to be treated as an addiction just like alcoholism or gambling.

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[–] HubertManne@piefed.social 54 points 1 day ago (10 children)

Even the billionaires would be better off without billinaires. It their relative ranking was the same they would still have more money than they could spend but it would now come with clean air, water, land, better infrastructure, a healthier world, happier people to interact with.

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[–] als@lemmy.blahaj.zone 68 points 2 days ago (11 children)

Here in the UK 78% of people support a 2% wealth tax on net assets worth more than £10 million yet our spineless neoliberal government is more focused on cutting disability benefits and bombing starving children.

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[–] OpenPassageways@programming.dev 27 points 1 day ago (6 children)

They could just stop impeding progress and let the working class have things like healthcare and a living wage. Guess that's too much to ask and they would prefer guillotines?

[–] DarkFuture@lemmy.world 21 points 1 day ago (2 children)

These people could still be fabulously wealthy and do anything they want for their entire lives while also ALLOWING for a healthy middle class and things like universal healthcare and living wages.

I capitalized "allowing" because I think it's absurd we're living under their domination and I think it's time we forcibly take what we need from them. The time for being amicable is over.

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[–] SocialMediaRefugee@lemmy.world 23 points 1 day ago (1 children)

I agree there is no reason why an individual should have that much economic power. There is no justification for that amount of wealth in so few hands.

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[–] phx@lemmy.ca 11 points 1 day ago

I don't think we should have the situations and lack of regulation that leads to billionaires, especially as it will likely continue to drain/erode the quality-of-life for everyone else to eventually lead to trillionaires...

[–] lisko@sopuli.xyz 3 points 1 day ago

Mera bhai <3

[–] Gowron_Howard@lemmy.world 284 points 2 days ago (3 children)

He’s absolutely right. Billionaires should not exist.

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[–] Sunflier@lemmy.world 21 points 1 day ago* (last edited 1 day ago) (9 children)

It's not that we shouldn't have billionaires. Its that we have billionaires when we have people living on the streets because the rent is so ridiculous. Its that we have people dying on the streets because they cannot afford health insurance. The gravy on the shit-fest is that billionaires are actively bribing the politicians to prevent those policies from being implemented. That is the textbook recipe for guillotines.

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[–] Fandangalo@lemmy.world 103 points 2 days ago (1 children)

Imagine life was a game. You lived for 2025 years. You worked 260 days / year. You made the median US salary.

You would need to relive that process 3,145 times to match an Oligarch.

That amount of wealth is unethical while humanity suffers. No one can really fathom “1b dollars.”

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[–] kreskin@lemmy.world 5 points 1 day ago* (last edited 1 day ago) (1 children)

Order to eliminate all billionaires confirmed! To the Priuses, we ride!

*lift sword out window

*slowly pull away from curb with loud prius humming noise

/s I dont advicate violence and I agree billionaire level accrual of wealth shouldnt happen. When it does it should be taxed like FDR did it. We've never done so well as a country than when we had real progressive taxation. When Maga people talk about making america great agin, thats the era they are thinking about, when a single worker could support a whole family and buy a house and raise kids with a normal job, and a normal job was respected and dignified.

[–] benjaminV@piaille.fr 3 points 1 day ago (1 children)

@kreskin @return2ozma Also before Civil Rigths. MAGA is inherently racist as the "great America" is the Amercia with segregation.

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[–] saltesc@lemmy.world 217 points 2 days ago (12 children)

Bill Ackman, a billionaire hedge fund manager who has backed President Donald Trump in the past, on Thursday pledged to use his money to bankroll a challenger to Mamdani in the general election.

Case in point.

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[–] Ensign_Crab@lemmy.world 87 points 2 days ago (90 children)

Centrists already hated him, and now he said their gods shouldn't exist.

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[–] CharlesDarwin@lemmy.world 22 points 1 day ago (4 children)

He's right. Let's see if people could live off 999 million in assets.

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[–] PoopSpiderman@lemmy.world 222 points 2 days ago (5 children)

Nobody asked me, but I agree with him.

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[–] Resonosity@lemmy.dbzer0.com 34 points 2 days ago

This guy sounds pretty based!

[–] jsomae@lemmy.ml 7 points 1 day ago

I like this guy.

[–] solsangraal@lemmy.zip 157 points 2 days ago (4 children)
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