this post was submitted on 26 Aug 2025
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Correct
Billionaires aren't supposed to exist. There isn't any intrinsic human right that says that I have the right to hoard all resources to the level that I have the same as millions not people together.
The only reason they do exist is because we, the million people, don't stand up and make it stop
I'd say, setup a new law that taxes networth. Have a dozen of tax brackets, the lowest being 0% for the poor, but reaching, say, 10 million dollars, the taxes go to 100%. Once you reach that, you can't get any richer, all your surplus income.goes to the state which can use all that money for a shit tonne of social systems like free healthcare, free education, free basic food, free basic housing, universal income, and so on.
Own a company? That's part of your networth. Your company gets worth more? Get other shareholders in. Companies too should be limited in maximum size to 1 billion networth and 1000 employees max.
This way no one gets too rich, no one gets to be poor
This way we can keep the freedom and raw power of capitalism, yet have a good strong socialist system in place
That's basically a medium-sized factory though.
Maybe that's the scale where financial incentives top out? Beyond that, it's individuals viewing the production of thousands as within their control by implication. Much like how the prisoner experiment shows it's the mere organization of power that promotes shitty behavior, maybe we're already far past what the vast majority of humanity should be entrusted with?
so you're saying it sounds like a very sensible number?
I mean, no? The whole point of capitalism is that successful actors can expand in order to further accumulate wealth. A core part of what makes a capitalist system useful is how you can go from having one factory to having ten factories, therefore aiding technological advancement of the supply chain; if you won't allow this you might as well do something else.