Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
--Be a Decent Human Being
--Posting news articles: include the source name and exact title from article in your post title
--If a picture is just a screenshot of an article, link the article
--If a video's content isn't clear from title, write a short summary so people know what it's about.
--Posts must have something to do with the topic
--Zero tolerance for Racism/Sexism/Ableism/etc.
--No NSFW content
--Abide by the rules of lemmy.world
Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
Corporations are the only ‘persons’ which should be subjected to capital punishment, but billionaires should be euthanised through taxation.
Can someone do the math for me... If theoretically that was all liquid and those 3 got Thanos snapped with the money redistributed, how much would each American get?
About $2500 per person
As in 1 trillion / 390 million population
Damn, when I read this statistic the other day I took it as 'the bottom half has less then the 3 richest persons', but in fact, it is 'three people each have more than the bottom half' holy shit.
The only way it trickles down is the way Charlie Kirk showed us
The french really did have a solid way of reminding the upper crust that they were vastly outnumbered by the people they were standing upon...
Remind me. Why are the worlds billionaires all building bunkers? A true mystery.
there are way more of us than there are of them.
Yeah, but to them it's super cheap to buy and arm enough of us for their protection.
I read a thing earlier where Musk was complaining about not feeling safe to go out in public since Kirk was shot. So there's that.
He also has a financial interest in other rich assholes being afraid.
He started a high-dollar personal security company for right-wing billionaires called Foundation Security.
Love that for him. I hope he never feels safe.
As per, the only thing that trickles down is shit, vomit and piss.
What people often forget about trickle-down economics is that wealth only trickles down to named beneficiaries
That's not liquid money though. For each one, the figures mostly represent stock in their own companies which they couldn't pull out without crashing the value. Musk's wealth in particular is mostly air. At least the other two have profitable companies that actually function. In any case, much of it's not real money we could pull out of the bank and spread around. (But we could tax the fucking snot out of them and spread that around!)
But even if they were "only" worth a few 10's of billions, the real issue is that they own the government. And Zuckerberg and Musk own a monster chunk of our social media, control our opinions.
tl;dr: It's not real money and the problem is influence, not total wealth.
This is bullshit.
When it comes to measuring their wealth it's not real money.
But when it comes to calculating GDP and growth and other economic metrics these are still included. Make up your mind, either equities are real money or GDP is made up nonsense.
When it comes to measuring their wealth it’s not real money.
This is not entirely correct.
As in: it's technically correct, but practically they just use their equity as leverage for loans, turning them into cash without actually touching them. Oh, and since they took on debt, now they get to report that as a loss and get tax breaks. They can pay off the interest from whatever actual money they're earning.
So then forcibly nationalize their companies if they won’t share the equity in their companies with the workers who built it. Fuck your stupid argument that defends oligarchs
"own more" is putting it lightly, they literally own 10 times more than bottom 170 mil people combined
What’s about the other twelve multi-billionaires that are worth more than $85B? Why were they left out?
It's the "that guy wants your cookie" meme, but billionaires ranked 4th and lower are pointing at these 3.
Now, I might be misreading this data, but from what it looks like either one of these billionaires by themselves have more wealth than the bottom 50% of Americans, right?
More like one Billionaire own 5.6 times the wealth of the bottom 50%
Yeah, this is phrased like those three just slightly edge out the bottom 50, as opposed to each individually owning significantly greater than the bottom 50. I'm going to assume these three own more than the "bottom" like 85%.
On Elon Musk, it's funny because he never put a profit, like tesla isn't the biggest, X is draining money, his robotics shits are just that: shit, only spacex is relatively successfull, but it's not on the same level of half trillion dollars.
There isn't much that he's done, all of his companies are making less profits (or losing more money if i'm being correct), he is just a jake paul that fakes being a fake intelligent person.
Edit: Deleted my edit, i'm drunk
Yeah, its ironic. The richest man in the world doesn't have a single truly profit-making venture under him.
How the bubble around him hasn't burst yet I don't know, but it would certainly be a feast for sore eyes.
The weird thing is that these people don't think they're rich enough and want to extract more money from government and the people, and they simultaneously think that the government gives too much money to poor people.
They race to who will be the first trillionaire. It's disgusting. Meanwhile children are starving.
We already have Musk acting like his own personal country, making personal deals with world leaders that benefit only himself over other nations. Others are probably doing it, too, but we haven't heard about it.
Now these Sociopathic Oligarchs are heading to trillionaire status, and they WILL be founding their own Corporo-Nations, which will require private armies for security. Eventually, these Corporo-Nations will combine to form their own alliance, combine their armies, and start throwing their weight around militarily, as well as economically.
This is all just a matter of time, and then we're going to wonder as a planet, Why we didn't stop those guys back when we had a chance?
I have no doubt at all that ALL of them have violated many laws, in many sectors, to get as rich as they are. Investigate them deeply, prosecute them for their crimes, and confiscate their entire fortunes. If we don't do that, it is absolutely certain that we will come to regret it.
It will trickle down any second now
No, no. A little while yet.
They've got to get enough to cover
first. THEN it'll trickle down. For super super sure.
Trust them. Maybe they care.
Any place that allows this to happen is a bad place.
Not to mention that the top owner owns more than the second and third combined...
Honestly stop being poor dudes, just ask your father for some millions to get started and start exploiting people, easy
This is so disgusting.
It works like a piñata - if we beat it open with a club, only then will its contents trickle down.