7 years ago there were no billionaires worth more than $100 billion - today there are 18!
7 years ago there were no billionaires worth more than $100 billion - today there are 18!
Billionaires 7 years ago:
https://web.archive.org/web/20171004002738/https://www.bloomberg.com/billionaires/
Billionaires today:
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A boring distopia is already even a single person having more than a single billion.
Yup, there was that post a while back, like you reach a billion, you get a plaque that says "congrats you won capitalism" and then they start at 0 again
Not even a billion, as soon as you're in 8 figures you have more than a reasonable person can spend in a lifetime. Cap it at 50 million, every cent more goes towards public infrastructure and welfare
Or we could do away with capitalism entirely. Just saying
Capitalism does have some uses, like which TV you want to buy, but it needs to be heavily regulated.
People can still make TVs without capitalism...
Sure, but what I am saying is it could fit in there.
So what's stopping them?
The fact that we live under capitalism today? People can grow crops without feudalism as well, but it's not up to the individual serfs to decide if they want farm for themselves and their community, or for their liege lord. But the very same factories that produce consumer goods with a profit incentive today, can do the same for the benefit of the people tomorrow.
very same factories that produce consumer goods with a profit incentive today, can do the same for the benefit of the people tomorrow.
Yes. Until everyone ends up in poverty, because over time, nobody knows what to make and how much. The longer the supply chain the stronger the effect will be.
🤡
No need to sign your posts, we can already see the username.
For real, like Prestige in Call of Duty
It's inherently antisocial. You no longer have to play by the social contract with that kind of wealth/power.
It's a grave failure with our economic system that billionaires have been permitted to come about