Benjamin Johns
Graham Sutherland / Polynomial
Christian Kent ππ :οΌΌοΉ₯@gsuberland This is interesting β there is a bell curve for the metric "nothing to lose"
Evan Light@gsuberland Brilliant. Also entirely impossible as the billionaire's make most of the management decisions.
@gsuberland Including the decisions on who shouldn't be making decisions.
Grumble@elight @gsuberland Society knows that billionaires are a destructive force. Yet most societies allow the billionaires to remain un-eaten. At some point, society stops being a victim and starts being an accomplice.
@grumble209 @gsuberland Of course! The billionaires provide just enough value that some of the populace looks the other way. For those, the billionaires control just enough information to keep that part of the populace at war with the rest.
See also: Fox News
Aaron@gsuberland Better: Therefore, a billionaire must never exist.
We should all be held accountable.
Fat, Bald Dabus@gsuberland I very nearly paid money for the mastodon client I was using so I could like this post. (I probably will, just after I get paid, but the good old regular mastodon client was still there to help me out.)
Daniel S. Reichenbach@gsuberland they are making decisions all the time. But the same rule as for wealthy companies applies: after arriving at a certain level of wealth and cash, it can offset and pay for any stupid decision and nullify any consequences. See car manufacturers and emissions scandal. π
Urzl@danielsreichenbach @gsuberland Set a 100% tax rate at that level of income/wealth.
Any excess beyond that limit goes to the betterment of society. They can reinvest in their other employees or they can give it up as taxes but they can't keep it.
Boyd Stephen Smith Jr.@gooba42 @danielsreichenbach @gsuberland Yeah. I think the post was meant to be pure snark, but I think it is actually the beginning of a metric for certain government policies around "too big to fail" entities.
If the wealth of an entity prevents a government from holding that entity responsible, that wealth needs to be redistributed.
Maybe that's as simple as corporate restructuring as an antitrust settlement. Maybe as complex as military seizure of real property and transfer to commons.
@BoydStephenSmithJr @danielsreichenbach @gsuberland At this point the options are basically "Follow the same precedent of doing nothing that's failed us so far." vs. "Do something unprecedented".
The reluctance of modern politicians, judges, Lawyers, etc. to shake up a broken status quo is appalling.
@gooba42 @danielsreichenbach @gsuberland A 93% (US) income tax on the entities at the top tax bracket is not unprecedented, and I think could help.
But, I still hold a hope that incremental change is possible. I have a strong preference for it over revolution; revolution scares me. (And, yes, I know people like me might be inhibiting a necessary revolution.)
@BoydStephenSmithJr @danielsreichenbach @gsuberland I don't want to need a revolution but I really think we're running short of options.
The relevant regulatory bodies all appear to be captured by the entities we most need reined in.
Simon Zerafa (Status: 
π)Well played Sir! Very well played ππ
Kathy E. Gill πΊπ¦β¦ therefore the billionaire class must be run out of town on a rail (of taxes).
Gargravar@gsuberland do you really believe that? Are you so ignorant of history, even current affairs? Have not been following the billionaires disappearing in China, falling out of Windows in Russia, being backed into suicide, going to jail, or losing their stacks completely in Europe and the US... Why do you waste your time promoting childish memes which, because they don't reflect reality, don't help anybody actually improve it? Criticise reality all you like, just not your made up fantasy.
Lars Marowsky-BrΓ©e π·
Curmudgeon@gsuberland Better yet, A Billionaire Must Never Exist.
Porquerias | 1312 π΄π΅@gsuberland this was written before computers did billion dollar trading volume
Kineneβπ»@gsuberland Pass the BBQ sauce.
William D. Jones@gsuberland The preview ends at "Therefore A Billionaire Must Never".
Which is also good :D!
FvH π¦£
GATEKEEPER@hengstenberg @gsuberland @vonFriedland
If you can make 1 million dollars a year and save it. You'll be a billionaire in one thousand years.
Shanya (Over at BlueSky)
Dieu
Golden Bunny of Destiny π―@gsuberland Now do one for AI
Cassandrich@davew @gsuberland That was the original this is a spoof on.