'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits
'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits
CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever.
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Tax.
Tax them like there is no tomorrow.
Billionaires should simply not exist. Put a cap on total net worth and if you pass that, income tax goes to 100. If your networth goes up anyway because of stocks or whatever, tax that too. Tax stocks, homes, boats, etc.
Enormous wealth should be like the speed of light. The closer you get there, the heavier it becomes to stay there, you need to spend more and more energy to get less and less higher.
This should not be a crazy idea.
Billionaires have such a heavy say in our government that it will never go that way unless it's forced.
gilded age
Reforming capitalism will only delay end stage, not prevent it.
Imagine getting something like the early 20th century labor movement going these days. Seems impossible right? We we did do it once and guess what, we are back again. What was the point of spilling all that blood sweat and tears if we just go right back to where we started? We wasted those lives lost and ruined because we thought capitalism could be salvaged. It is not salvageable.
We we did do it once and guess what, we are back again. What was the point of spilling all that blood sweat and tears if we just go right back to where we started?
30 years of relative prosperity?
Also, I don't understand how you think we'd be able to abolish capitalism without much more blood, sweat, and tears than would be spent building a labor movement. I also think that a strong labor movement would be a necessary prerequisite to abolishing capitalism. I don't see how you build a movement to abolish capitalism with millions of isolated, fractured consumers. By magic? Will AI or crypto solve this? 😄
I'm a proponent to legalize murder of anyone with a net worth of $1 bn or more. It would make the rich have to make some decisions.
Edit: apparently people really love billionaires.
I have been saying something slightly similar, but rather that laws should no longer protect them.
"We've decided on one year of really high inflation."
reddit, i mean, lemmy, is full of cowards. these limp wristed do-nothings just got here, so they have no clue how dire the situation is or what's on the line. they just stopped watching anime long enough last year to start paying attention to the news.
i guess they think this is all a new problem and that it will go away soon because they're so nice, so surely everybody else is too, and we're just watching the end of an era of mean old baddies. or some dumb shit like that.
little do they know that in 10 years or so, the kid in florida with the machete will be running one of the concentration camps they're in.
they’re so nice, so surely everybody else is too
This right here.
I think many poor people do not realize how deliberately cruel the rich are being. They cannot imagine someone looking at a whiteboard planning debilitating poverty and misery for millions of people. They think that the situation is unfortunate and unavoidable somehow, and not deliberately made.
One of the campa we are in, unless you're one of the machete holders.
not me my friend. i'm not a bed-wetting dipshit coward. i'll eat a bullet before they put me anywhere, and i'll make sure a few of them do the same.
See you in the news, I guess?
fuck off pacifist
Edit: You all really like billionaires, huh?
Bullshit
Stop the calls for killing the rich. Don't blame people for playing the game, just change the rules. Tax the rich for all they have until everyone lives in a tops 1-5 ratio of networth. All of the sudden, poverty gone, we can do universal healthcare easily, government will have boat loads for anything to make our lives better
Apparently you really love murder
coward
I'd rather not become the monsters just to get rid of the monsters.
but you would let the monsters have their way with everyone else? like i said, you're a fucking limp-wristed do-nothing coward. there is no morality in letting innocent people suffer at the hands of fascists so you can stay on your high horse. you were never on a high horse to begin with. you were just a coward.
“Limp wristed”? You sound an awful lot like the fascists that I’m opposed to.
aw, did little bitch get scared by words? i swear you pajama bottom losers are going to learn how the world really works pretty soon.
.
Were the people who fought and killed the nazis in WWII monsters? No, they did it to protect humanity. Sociopath billionaires going away is also necessary to protect humanity.
This violence-against-the-owning class rhetoric is going too far. Killing other humans is never justified. Tax them into oblivion and make them work for a living like the rest of us. There's a massive difference between having disdain for billionaires and wanting to kill them.
Billionaires own the government and will never allow themselves to be taxed enough to matter.
I'd wager we have a much better shot at passing legislation for a billionaire tax than legalizing murder.
Killing other humans is often justified. For instance, it would be completely justified to kill someone who was in the process of shooting up a school.
In the same way, billionaires are guilty of causing the deaths of millions of people through their hoarding of necessities. Killing the billionaires would allow this wealth to be redistributed, saving potentially millions of lives.
I think the difference is that a school shooter is in the middle of a violent act and is an immediate threat to the lives of anybody around them. Usually the only way to put an end to the harm they're causing is to meet that violence with the same level of violence. It's not a just act, it's a tragedy, but it's ultimately necessary to prevent further injustice.
Hoarding an incomprehensible amount of resources and lobbying for a system is easier to exploit is amoral and causes harm to our society but it is not a violent act and is not an immediate threat to anybody's life.
These memes spreading violent rhetoric against a class of people this community is at odds with is starting to feel like other corners of the internet that I don't want to be involved in.
It absolutely is a violent act. In the same way that locking a person in a cage is a violent act, depriving people of the things they need to live is a violent act.
The fact is, simply asking these people to stop hoarding and polluting is not going to work (duh).
Is there a non-violent solution?