• IninewCrow@lemmy.ca
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    9 hours ago

    Any individual that wants to horde so much money and wealth that could satisfy the lives of millions of people is not a good person.

    It’s like having a million sandwiches and thousands of hungry people around you … but you’d rather keep all your sandwiches and screw everyone else, even though you will never be able to physically eat all the sandwiches you have in a lifetime.

    Being a billionaire is not a sign of intelligence, it’s a mental disorder and a person who lacks human empathy.

    • iopq@lemmy.world
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      1 hour ago

      A billion dollars distributed to 1,000,000 people is $1000.

      All the wealth billionaires in the US hold is not enough to pay for the government to run for one year.

      Let’s not pretend giving away all their wealth would fix all of our problems.

      • IninewCrow@lemmy.ca
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        1 hour ago

        What makes more sense in a society? One person who controls a billion dollars or a thousand people with million dollars?

        The billionaire locks up all that wealth and it doesn’t do anything for anyone … sure it might make someone even more money but it essentially locks away that potential wealth from a larger group of people.

        If you had 1,000 millionaires, then they would all go out to perform all kinds of other activities and businesses that would be smaller but at least benefit even more people.

        Driving wealth to smaller and smaller groups of people only drives more and more wealth to fewer people while everyone else suffers.

        Redistributing millions or billions of dollars might not change much … but at the very least it would be a hell of a lot better than what we have now.

        • iopq@lemmy.world
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          7 minutes ago

          The billionaires have their wealth in businesses, it’s not locked up. People don’t just put a billion in a savings account

    • nomad@infosec.pub
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      1 hour ago

      Not to be that person, but most people forget that the net worth oft these people is not liquid. They can not just wave a magic wand and give people money.

      It’s usually in shares of their very highly valued company which they can’t give up because they wouldl give up control. Billionaires are not about money, they are about power.

      What keeps you in power does not align with doing good. Thus the giving pledge exists, it allows giving away the money while you don’t lose control in your lifetime.

      Most billionaires do some kind of philanthropy. Gotta control where the money they would pay in taxes ends up. Even this is about power.

      Their survival bias makes them believe that they know best what’s good for the world. Taxing them would just increase their philanthropy, which is a good thing even though not perfect. Let’s start somewhere.

    • Kyrgizion@lemmy.world
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      8 hours ago

      Modern age dragons, sitting on their hoards while occasionally burning a peasant village to keep those dirty plebs in line.

      • IninewCrow@lemmy.ca
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        6 hours ago

        If a little old lady hoards 20 cats we call her crazy … a man hoards $400 billion dollars and we call them a genius