this post was submitted on 01 Nov 2024
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Work Reform

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[–] Allero@lemmy.today 1 points 1 week ago

Without discussing validity of the argument, which is pointless anyway, billionaires are in many ways similar to autocrats: they have a ton of unchecked, unelected power, near zero incentives to put this power to benefit everyone except for goodness of heart (but even then they are tied by laws obligating them to give profits to public companies), and every incentive to benefit themselves.