memes

Karmic justice sure - aside from the kid who got roped into taking that voyage by his dad. Billionaires hubris treats the world as their plaything, and find out that nature doesn’t care about your net worth

I think that's more hubris leading to death by misadventure. Ikarus got a little too warm.

These one or three pet billionaires have done a lot of image building to achieve this. They're trying to be the "common man's billionaire" and "just like us". Musk spent a decade trying to appear like a nerdy engineer and when people started realizing he's a shitheel, he pivoted to the "the elites are after me, it's time for us to stop them together" shtick.

In general, the right (and I mean individual people, NOT politicians) hates billionaires almost as much as we do, but wrongly associates them with the left - but while it's true that some billionaires are left-wing socially, they're damn near all right-wing economically, because no billionaire is going to want to have less money.

If you aren't working towards the establishment of Socialism, you can hardly be called "far left."

You're thinking eu not us. Overton window shifts in the us

Or, when someone says "abolish private property" they're not talking about your toothbrush.

In this context, private property is the stuff you can use to generate capital. Personal property is your toothbrush, your phone, clothes, furniture, bike, car, house etc.

If you own a second house for rental income, that's private property. The house you just live in is personal property.

Here's a small set of proposals, definitely well thought of and not made up specifically for this comment to make a point:

Start taxing them heavily on wealth INCLUDING unrealized gains once it hits a threshold, but no wealth tax for normal people. Force companies to become either co-ops or publicly traded when certain thresholds are met - and if the founder has too much stock, the taxes on unrealized gains will force them to sell. But if it's a co-op, don't count anyone's share in it as wealth for taxation, only any profit actually paid out by the co-op. My prediction is that companies with high profit per employee (think Steam) will become worker-owned co-ops and companies with lower profit per employee will be publicly traded (think Walmart, except of course Walmart is already publicly traded)

Essentially, I want people to be able to own property, but not own so much that it negatively affects everyone else - everyone should be able to have a primary residence tax-free and I don't think it's bad for someone to own a second home either, except that shouldn't be tax-free. Hoarding property isn't OK though - that affects everyone else's housing situation. I don't like the idea of the state owning all homes - I want there to be strong rules protecting me from being evicted because the state needs a factory built right where my neighbourhood is - but there SHOULD also be state sponsored housing for those who can't afford their own homes, and they should be easily attainable, and built to a good standard.

I'm okay with people making a plentiful living from passive income off ownership in some company they built, I'm just not okay with it being so much that they make more in a year than the rest of us do in a hundred thousand.

I mean... If they're forced to game the system so they stay just below the "rich" threshold all that extra money has to go somewhere besides their pocket.

Taxes. Tax anything over one billion at 100%