this post was submitted on 23 Nov 2023
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[–] [email protected] 2 points 1 year ago (1 children)

His math is off, at least for the US. You are in New Zealand so it's probably less bad for you. https://en.m.wikipedia.org/wiki/Wealth_inequality_in_the_United_States#:~:text=As%20of%20late%202022%2C%20according,a%20total%20of%20%2443.45%20trillion.

Distribute that 4.5 trillion between 330 million people and you only get 10000. You would need to take 45 trillion from the top 1% to give everyone else 100000

It's still absurd how much money they have.

[–] [email protected] -1 points 1 year ago (1 children)

I'm interested in how and why they think it will be distributed cause it seems to me that it wouldn't flow to the bottom

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago) (1 children)

Oh wow yeah let's get right on crafting a transition plan into billionaires theoretically not existing wow what a great idea. I had thought he was just demonstrating how much wealth they have captured with a thought experiment but oh boy, you specimen of progress, you actually want to do it! How brave.

Cunt.

[–] [email protected] -2 points 1 year ago (1 children)

You want someone else to blame for your problems 😴

[–] [email protected] 2 points 1 year ago (1 children)

Corps like Marlboro advertised their products were healthy for years, don't suggest that corps don't cause problems or won't cause problems. Billionaires direct the actions of corps and use them as shields for liability.

[–] [email protected] 0 points 1 year ago (1 children)

I don't think I did suggest that corps won't cause problems. I was going to try make the point that if there were no billionaires then that wealth would flow to the pockets of corporations not the everyday person.

[–] [email protected] 1 points 1 year ago

People own corps. If it's billionaires or a trade union owning the corp, it's a little different.