Didn’t Teddy Roosevelt implement wealth taxes via the Estate Tax and Capital Gains Tax?
These aren’t exactly new ideas. We’ve just slowly dismantled them over the past decades.
msbeta1421
joined 1 year ago
My summary of his book is that people rise to power by contributing to the greater good. They empathise with those around them and are likeable. Power is thus given to them by others.
The paradox is that it’s been suggested by several studies that those that gain power (or those that feel powerful) tend to be less empathetic and focus more on themselves.
He does not prescribe to the Lord of the Flies world view.
Keltner’s The Power Paradox covers this phenomenon. As we rise in power and influence, it is very easy to lose those same qualities that allowed us to gain power in the first place.
Buffalo testicals
The Spider-Man games on PS5 have great storytelling.
Cyberpunk 2077
God of War and God or War Ragnarok
- I believe both of these have settings that can reduce the “bloodiness”
Destiny 2….. lmao j/k
There’s gotta be negatives to this right?
Like, what are the side effects and long term consequences?
What's a sci-fi or fantasy book or series that you want to see adapted as a movie/television series?
Red Rising would be a phenomenal TV show.
Mistborn and Stormlight Archive from Sanderson would also be incredible.
That’s interesting, thanks for bringing that up! Just goes to show that there are always multiple sides and layers to every issue.
Exactly. Consequences are necessary to curb reckless behaviour. That’s why the leaders of these entities should be punished separately.
Well, yes and no. It’s grey like most things in life.
Banks and credit are a means to “grow the pie” by allowing us to factor in future value. Before banks and credit, the world was a zero sum game where one person only had because the other person had not.
They do serve a real purpose but are only valuable when properly managed.
I encourage everyone to read Outliers by Malcolm Gladwell.
Excellent book that covers this topic with examples ranging from successful businessmen to why most professional Canadian Hockey players are born around the same time of year.
Anyone that bought when rates were still 2-3% isn’t selling unless they’re being forced. Why would they, considering their real interest rate is negative at this point.
This is a non-headline because it’s reporting on something that was expected to happen when interest rates rose.
That being said, this does suck for those who have yet to purchase their first home. Property investors buying with cash have no incentive to stop buying. This is where government should step in and regulate. Those conversations should be headlining instead.