this post was submitted on 01 Nov 2024
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[–] mechoman444@lemmy.world 36 points 3 weeks ago (25 children)

I've often said we don't need billionaires. That when one reaches that milestone anything above $999,999,999 should be taken as taxes from that person.

When I say this people often become defensive saying that the government shouldn't be able to dictate how much wealth one person can accumulate. (It also happens that many of these people are prolife but that's neither here nor there.) Often times comparing this action to communism which of course it isn't.

The issue of course is that many people don't understand what a billion of anything is. The human brain can't comprehend such massive numbers. But nevertheless, there are people that are approaching the trillion dollar mark a number even further removed from a billion by several magnitudes.

Should there be billionaires. Probably not... What do you think?

[–] timestatic 1 points 3 weeks ago (1 children)

What would be the point in amassing more wealth when its capped? At that wealth no matter what you do, its not gonna get less really if you invested into things. How does that solve any of the problems we have in society?

[–] mechoman444@lemmy.world 2 points 3 weeks ago

There wouldn't be a point aside from maybe philanthropy. That these powerful Rich individuals will continue in Mass more wealth above the $1 billion cap specifically so others can benefit from it. I wouldn't hold my breath for anything like that.

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