If a billionaire is a policy failure, a trillionaire is a civilizational one.

One person hoarding that much wealth in a world where people are in need — hungry, sick, homeless — is the end product of a society undergoing the complete collapse of human decency.

A trillionaire is an obscenity.

@gknauss
Somewhere around the 100M mark it stops even being wealth as such. There's no way for a person to experience that amount of value. It's just ownership tokens, tradeable for power. If you tried to cash it in for food, housing, clean water, all the things the workers whose labour created it would rather have spent it on if paid fairly, it'd evaporate into a stock crash.
@gknauss Billionaires are also obscenities.

@gknauss

We need to stop this, it is that simple… one way or another.

@xs4me2 @gknauss 🙏 euthanasing one oligarch spares one hundred million innocent lives.

it is difficult and painful trying to understand why this is not being done daily.

@falcennial @gknauss

At some point the population is not going to take this any longer…

@gknauss not to say you are completely off the mark here, charitability on a larger scale which is proportionate to the wealth of any person should absolutely be encouraged, even demanded. However, the majority of the 'listed wealth' of any top valued person is, in general, fully engaged economically or has been counted from stock ownership, percent ownerships, etc.

It's not always a Liberace, wearing a gold/diamond encrusted suit worth all of that value.

https://www.sothebys.com/en/buy/auction/2020/photographs-2/annie-leibovitz-liberace-and-scott-thorson-las

Annie Leibovitz | 'liberace And Scott Thorson, Las Vegas' |

<p>ANNIE LEIBOVITZ</p><p> B. 1949</p><p><em> 'LIBERACE AND SCOTT THORSON, LAS VEGAS'</em></p><p><br></p><p> Cibachrome print, signed, titled, dated, and editioned '10/40' in ink in the margin, framed, a The Art Museum of the Americas exhibition label on the reverse, 1981</p><p> 10 by 10⅛ in. (25.4 by 25.7 cm.)</p>

Sotheby's
@dckim @gknauss My god, what a revelation. This changes everything. Thank you so much for enlightening us.

@swachter @gknauss I can feel the sarcasm, and I like it.

Okay, I guess they are all jerks living lavish lifestyles... but, it's not like he's got solid gold toilettes or something. That would just be weird.

@dckim @swachter @gknauss I mean, no one is claiming they sleep on a trillion in cash. The point is the wealth, in whatever form, translates directly into power. That is power they have taken. It is authoritarian in nature. That's the real problem.

@veronica @swachter @gknauss very well said. It essentially amounts to a fascism in the sense that they dictate for that concentration of wealth. And that is where there is the potential for danger, harm, and corruption.

The potential influence is too strong and broad.

Is it even possible for a person with that much wealth to dispose of the wealth? I think Bill Gates tried to do it. Probably just felt guilty for having too much.

@dckim @swachter @gknauss Even when they try to do good, many of them like to keep the control. The Gates Foundation is a good example. In the spirit of the analogy, it's essentially the benevolent dictator argument. It is still anti-democratic.

@gknauss

His wealth doesn't even exist, like everything else these creepy loons believe. It's as much invisible garment as anything else.

Until he changed the rules to steal our money from under us.
It's why he suckled his jaundiced ass into governments to start.
He must've learned from enough movies that you do the heist from inside.

Man, fuck Elon. He's worth dick.

@gknauss what is musk hoarding all that money for, hell?

@gknauss

In the end, we should discuss the following: is that actual wealth or just imaginary fairy dust? Tesla has no "value" of $1.5 trilion, so while shareholders can convert some stock into real-world value, until then it's imaginary. Same for fraud- and lie-based "AI" stock after SpaceX, OpenAI, and Anthropic IPOs.

If we declare it's real then we should simply tax people on it. 1%/year sounds fair to me.

@gknauss I won't deny that Musk is an obscenity, but he's not really a trillionaire. More like "enough investors believe his fairy stories for the time being that he'd have a trillion dollars if his stories were real."
@cholling @gknauss That's what all fiat money is: a collective fiction/act of shared imagination. If enough people believe in it and treat it as real, it has real effects.
@EndemicEarthling @gknauss Except fiat money is backed by laws, armies, and police. Stock valuation is backed by vibes.
@gknauss
We are in end-stage capitalism. Just as fatal as end-stage kidney disease.

@gknauss

Understand the mindset of the rich, so you can reach them at a deeper level, and just maybe, reach them and undo the harm.

https://defcon.social/@ashwin/116696061850089080

Ashwin Dixit (@[email protected])

@[email protected] Some people are just broken kids, insecure on the inside. So they derive their self worth from money, because they don't see themselves as worthy, just being human. They need to appear larger than life, and so they self aggrandize. Having money confers social status. To gain more status, they need to impress upon others, how valuable this human construct called money is. So they create a world where some people are kept starving, while others are dazzled by glittering things, media imagery, advertisements, and they run the rat race, hoping to get rich, like the billionaires. They don't realize that money does not make people happy. It only reduces physical suffering, upto a sweet spot, beyond which, it's futile to have more money, or work for it. No matter how rich you are, you only eat 3 meals a day. No matter how many houses you have, or how many bedrooms in your home, you only sleep in one bed at time. No matter how many pretty people are out there, you have only one set of genitalia. Yet, people chase this mirage, which only brings fleeting pleasure, not lasting joy and contentment. Bezos was happy when he had a wife, with whom he shared a dream of starting a bookstore, because they both loved books, and each other. Chasing money, he lost the simple joy, made Billions, became the envy of the masses, and now has an inflatable plastic wife, and no heart that is sensitive to the suffering of the poor people. As a book lover, he once had that sensibility, though now he has a super yacht to impress others. "We work jobs we hate, to afford crap we don't need, to impress people we don't like." ~ Chuck Palahniuk.

DEF CON Social
@gknauss I always want to ask “When it will be enough for you?” And of course the answer is “Never."
@gknauss The idea reflects frustration about wealth concentration and inequality, which is a legitimate discussion in any society. However, not every accumulation of wealth necessarily represents a “civilizational collapse.” Some billionaires have contributed to innovation, job creation, and philanthropy. The real challenge is finding a balance that reduces economic inequality without demonizing individuals outright.
@DiaaMahmoud097 @gknauss every single billionaire chooses not to help as much as they could. Every single billionaire heading a company could have paid their staff more. Every single billionaire could have fed more of the hungry. Every single billionaire has accumulated obscene wealth through the labour of others. No billionaire has ever contributed a billion of value to the world.
@mathw @gknauss I understand the anger about extreme wealth inequality, and it is valid for people to question the responsibility of the wealthy toward society. However, the claim that every billionaire has contributed nothing, or that their wealth comes solely from the work of others, can be an oversimplification. In reality, large fortunes are often the result of a mix of innovation, investment, and the combined work of thousands of employees. The issue is not simply the existence of wealthy individuals, but rather how opportunities and wealth are distributed, ensuring that workers receive fair wages and that those in need are not left without support.
@DiaaMahmoud097 @gknauss yes that is the issue. I don't comprehend how anybody can look at a company with a billionaire at the helm and say yes the products of their labour have been fairly shared among the workforce.

@DiaaMahmoud097 @gknauss

Why shouldn't we demonize individuals who treat other human beings as disposable toys? They are mass murderers.

@gknauss
Fore what I know a civil one is a civilised servant
@gknauss
First to a trillion gets a kill screen

@gknauss

I'm hoping we don't have to wait until they run out of food to eat before they realize they screwed the pooch.

It would be interesting if all these sub-groups such as the White Nationalists groups got it through their thick skulls that the people they hate aren't the problem & they started warring on the billionaire class instead.

@BillMcGuire @gknauss it is the responsibility of the shepherd to lead the sheep, not the sheep to lead themselves.

by which I mean fixing the behaviour of mindlessly panicked groups who have lost their way to a life worth living is your and my responsibility, as people who see the situation for what it is.

which is fucked up but true. and I'm glad there's more than just one of us.

@falcennial

Probably so, though depending on when we can start changing their behaviors, mindsets, etc., will take time, and I doubt I have enough of time left in me to help out, though I am willing to try, if I am still above ground.

@gknauss

Greg, you might be onto something. Let’s start labeling billionaires as civilizational failures. Let’s unify against the alien enemy that is the 1%.

PS: The Apartheid Millionaire is a complete amateur. Putin controls more personal wealth than he can imagine.

@gknauss someone with that much wealth ceases to be a human being. They have nothing in common with anyone else in this solar system.
@gknauss Agreed. #Krishnamurti does, too: "It is no measure of health to be well adjusted to a profoundly sick society."
@gknauss
I agree … but I also don’t want to blame the Hobbits for the actions of Smaug.
@gknauss
How to tackle this problem in practise? #taxation would be fine. But you know yourself…
So there seems to be only boycotting a legal remedy, which would take some discipline of us all.
It“s hard to buy just what you really need and not more.
#boycott
#boycotttherich
#BoycottRightRich

@solaris @gknauss

" So it seems that the only legal remedy is a boycott, which would require some discipline on all of our parts. "

What the imperative -- Boycott -- suggests to me --

Use Cash instead of plastic
Shop Thrift instead of Retail
Shop Local instead of Corporate
Share boycott lists and portals.
Consume from alternate news.

Inchoate boycotting 'will evolve' to focused boycotting.

Let's ''flood the zone' with our own macro confusion, Boycotting

#boycott
#BoycottTheRich

@rabbit74 @gknauss
This, practised consequently, is hard enough. But together with individual critical ‚necessary ?‘ decisions this leads to considerably more personal prosperity and freedom over time.
A real challenge is buying and paying online under avoidance of super-rich players. The sellers must be proven trustworthy if you buy with no protection from #paypal or #ebay or #amazon .
Hardest for me is to kick #whatsapp which I could mot fully do, yet.

@solaris @gknauss

Gradually I understood -- to reach FB-friends, I wanted a trusted platform . So here is a similar toot on ghost.io

https://theotoot.ghost.io/lets-boycott-oligopolies/

#boycott #resist

TheoToot

Thoughts, stories and ideas.

TheoToot
@rabbit74 @gknauss
Yep best try to get them out of FB. The Fediverse is a place with no data robbery.
@gknauss obviously true. what solution to it interests you?
@falcennial @gknauss a solution that holds interest to me is that every dollar over one billion goes into a fund that fuels earth based science, research, clean water, food stability and eco restoration. Every dollar over 100 billion deposits directly into reparations.

@gknauss

Obscenity starts around three quarters of a million, as far as I'm concerned. Tax the arses off the lot of them.

@gknauss a crime against humanity
@gknauss actually, most of this wealth is virtual. It depends on how much people are willing to give him for shares of SpaceX, Tesla, Twitter, etc. If those lose value, his trillion will vanish soon enough.
@gknauss money is failure

@gknauss

And we have evidence of that human obscenity emailing human trafficker Jeffrey Epstein and asking if he could come to the island to rape kids.

@gknauss Brilliant line: "If a billionaire is a policy failure, a trillionaire is a civilizational one." And absolutely true!