this post was submitted on 12 Apr 2024
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Technology
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Or maybe shouldn't come into being in the first place?
Billionaires are a symptom of a system that's eating itself. Taxation might be able to offset it, but the actual power needs to be broken up, and both laws and attitudes about unchecked growth need to change.
We've ended up in a situation that's fundamentally tainted by capitalism. Every company, every product, is being slaughtered like a pig for quarterly profits. It happens over and over again. Some new thing comes out that seems great, it gets bought up or goes public, and it turns to shit.
We have to have the nerve to point at it, call it out, and figure out how to stop it before it kills us all.
True, nobody should ever have billions. There's simply no need for that much money, you can't ever use it up.