this post was submitted on 30 Jan 2024
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"Just be equally rich" isn't really a good solution to the problem of billionaires having undue influence in politics and media.
Unions aren't typically comprised of billionaires and they're an example for entities that can have similar influence. Perhaps even greater since their members are the source of income for the billionaires. I'm not suggesting to "just be equally rich", but if we have to go there, I'd suggest to "make billionaires poorer." If history is any guide, it seems very difficult to stop them from achieving their goals without reducing the capital they control.