Top two are richer than the 3rd + the 50%
A Boring Dystopia
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Cuckerburg
Dragonslayer is an occupation that needs a comeback
If these billionaires started feeling just a little less safe out in public with the rifraf ... Rather than being worshiped - I imagine we'd see them at least hesitate when improving the efficiency of the orphan crushing machine.
America has spent decades brainwashing people the wealthy are special and you can be one also if you work hard.
this appears roughly 1/3 of the third richest person is more wealthy than the bottom 50%
Elon is not an American.
He builds fireworks that's pretty American tbh.
What people often forget about trickle-down economics is that wealth only trickles down to named beneficiaries
That's not liquid money though. For each one, the figures mostly represent stock in their own companies which they couldn't pull out without crashing the value. Musk's wealth in particular is mostly air. At least the other two have profitable companies that actually function. In any case, much of it's not real money we could pull out of the bank and spread around. (But we could tax the fucking snot out of them and spread that around!)
But even if they were "only" worth a few 10's of billions, the real issue is that they own the government. And Zuckerberg and Musk own a monster chunk of our social media, control our opinions.
tl;dr: It's not real money and the problem is influence, not total wealth.
So then forcibly nationalize their companies if they won’t share the equity in their companies with the workers who built it. Fuck your stupid argument that defends oligarchs
This is so disgusting.
Not to mention that the top owner owns more than the second and third combined...
Can someone do the math for me... If theoretically that was all liquid and those 3 got Thanos snapped with the money redistributed, how much would each American get?
About $2500 per person
As in 1 trillion / 390 million population
478 billion for Musk. Happily he found a way to destroy money as effectively as possible by building the biggest rockets ever and let them explode over and over again.
Roughly speaking, if you murdered and seized their wealth by liquidating their assets at current value, that's like... 6k donation to half of the US.
That's assuming 50% of about 340m people with big economic assumptions that won't hold up, but fun to think about. It's not a ton of money even then, but it'd probably do more for everyone than under some dragon. Course, we could also just tax them a large amount like we used to, which accomplishes the same thing without the murder.
Well, only on paper. Someone actually has to buy their shares first.
You'd think that, but go research or watch a video and get informed on how these bimbos use their networth (stocks) as collateral for bank loans of still more money than we will ever see in our life times (that they never really pay back btw).
They take out loans against their stock, kind of like a HELOC. So they get money without reporting any income too cuz it's a loan.
robber barrons 2.0
And this graph is old, isn’t it? Their wealth is snowballing rapidly, hence Larry Ellison is at $250B now.
The only peaceful way I see wealth being redistributed is if Musk, Bezos, and Zuckerberg use regulatory capture to reform government in order to raise their own taxes. Such a scale of philanthropy hasn't been seen since the robber barons Andrew Carnegie and John D. Rockefeller donated to build libraries and improve public education. Had those Guilded Age monopolists they also used their wealth to compel the US's legislative branch to raise taxes, bolster anti-trust laws, and prevent the acceptance of consumer welfare doctrine over plain anti-monopoly policy, then I'd argue their donations to improve public education would have gone much farther.
That said, plenty of non-peaceful ways exist much like there are many ways for an iceberg to flip over.