Why would I root for any billionaire and what would for?
this post was submitted on 12 Jul 2024
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I dont know either.. they seem always so non-capable
- cant use the subway ,
- cant use Normal Planes
- cant keep their House in order without 10 helpers or so ..
- cant wage labor
- cant cook
- still uses Boats like its the Bronce age ... etc..
Just because I'm not a communist doesn't mean I'm not in favor of eating the rich.
But if your ideology respects passive income , how can you Murder those that have passiv income ?
You can have a capitalist economy without billionaires. It just requires a wealth tax and welfare state. Nothing wrong with small businesses and anti trust.
All that said, UBI is inevitable with the rise of automation, as the value of labour drops to zero. The only question is: will the labour class fight for their share of the pie, or will they roll over and just die of hunger.
it just requires a wealth tax and welfare state
easy enough solution to defeat the Oligarchy , i could not imagine what stoping its implementation .. well besides the Oligarchy of course ..
I believe the most productive framing of UBI is directed toward the capitalists:
Say automation replaces the workforce you employ, with monumental savings to you! Now what?
The products that the businesses you control create require consumers. No consumers, no sales. Henry Ford realized this a century ago, which is why he championed a robust minimum wage. What good is the most efficient production if supply dwarfs demand? Even if you produce luxuries for the capitalist class, the buying power of those capitalists is predicated on their own profits. Elimination of the consumer class decimates the purchasing power of the capitalists which rely on their consumption, trickling up the chain.
Logically, it's best to view the taxes that enable UBI as akin to the ante at a poker table, with returns on production and marketing resembling the strength of your cards. If everyone at the table pays in, and you have the strongest hand, you get out more than you put in.
If Coke, Pepsi, RC Cola, and the various generics pay in relative to their revenue, but Pepsi secures an outsized market share, their profits outpace the ante.
This is inevitable, the alternative being total collapse for all parties. Maybe you'd be the last to exit the market, but without the ante system, everyone will exit the market soon enough.
Solid take.
Political consciousness has eroded. The poor root for their capitalist billionaire oppressors. They no longer care to have the pride to fight for themselves.
Infra-materialists unite!
JB Pritsker
None, fuck anyone with a net value over 10 million.
Why 10 million
What do you want that you couldn't buy if 10 million suddenly appeared in your bank account?
What do you want with 9 million?
Also having a net worth of 10 million obviously doesn't mean you just have that sitting in your bank account.
10 is a nice number- 1, in this modern world isn't enough to afford a condo in the major real estate markets - I think for like 5 you could afford your dream house, have enough to fund multiple college educations... so that extra margin is for safety. Anything above 10 million is just pure excess until I hear a legitimate use of it from someone.
HansjΓΆrg Wyss
he made his Fortune with Broken Spines ... makes kind holistic sense ...
Richard Stallman.
He's not a billionaire, but he sure is a fossillionaire.
*fossillionaire
Damit
Regis Philbin.
Bruce Wayne. Not sure if he's a billionaire but he sure is a millionaire. I can't think of any other mega rich person worth rooting for
Eh. Using your tremendous wealth for vaguely directed battery is less than optimal. I think I'd take any of the real philanthropist billionaires over Bruce Wayne.