Sometimes I think that all the world's major problems emerge from one single meta problem: The concentration of power.
Democracies trying to get rid of smoking for 3 decades and failing? Concentration of power in the tobacco industry.
Putin being able to invade Ukraine? Concentration of power around Putin.
Trump being reelected because Musk had $250 million to throw at it? Concentration of power around Musk.
Iran war? Concentration of power in The White House.
Etc., etc., etc.
In all those cases concentration of power = concentration of money.
Tax the ultra-wealthy worldwide.
Not always.
"If I owe someone a thousand dollars I have a problem. If I owe someone a billion dollars, they have a problem."
This is 50% of Trump's (and others') modus operandi. Of course, there may have been a concentration of money at some stage, but the concentration of power still exists even when it's spent, and is no longer taxable.
Maybe you could give an example of what you are saying?
I can't think of any poor people or people in serious debt that have power.
If your read up on the history of Trump in particular you'll note that he has had far more debt than assets at different times. That's not the same as being poor. He's powerful enough to not pay his bills; poor people aren't. Another example would be AI companies currently, and several other tech companies over recent decades. They have almost no income, and massive debts, for long periods, but as long as they can keep their creditors on board, they remain powerful.
Randahl Fink
Hiker Geek 🌲💻🌲
Electropict