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13,3 Billionen für 2682 Personen: Milliardäre verdoppeln ihr Vermögen seit 2015 (www.n-tv.de)

submitted 8 months ago by Hubi@feddit.org to c/dach@feddit.org

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[–] gusgalarnyk@lemmy.world 25 points 8 months ago* (last edited 8 months ago) (1 children)

Every country should implement laws that fundamentally ban and prevent multi-millionnaires from existing. They are bad for democracy and they are bad for society.

Last I heard the value was like 10 million or 20 million. Anything over that should be taxed at 100% or prevented in the first place.

[–] Zacryon@feddit.org 13 points 8 months ago (2 children)

They're also bad for the climate.

I wonder whether they're also bad for economy since they're just sitting on the money instead of keeping it in motion.

[–] gusgalarnyk@lemmy.world 7 points 8 months ago (1 children)

I would argue "the economy" can be a term to abstract away from the bottom line, the actual desirable outcomes. That's housing for everyone, that's good education, that's thriving salaries. Given that every dollar given to a millionaire is a dollar not given to someone who needs it (assuming correctly that every society has people below the thriving line) then they are bad for the economy by definition.

[–] trollercoaster@sh.itjust.works 2 points 8 months ago

The problem is that in the mostly used narrative, "the Economy™" is just one figure: The GDP. That's how we got to systematically making the rich richer at everyone else's expense in order to have a "good economy".

[–] Lemmchen@feddit.org -3 points 8 months ago

Huh? Do you think billionaires just sit on their money? I'd guess they are nearly 100% invested nearly 100% of the time.