Is there any more ethical solution to our current circumstances than "murder all billionaires"?
Not that I'm particularly against that - quite the opposite, in fact. But I'm wondering if anyone sees, or had seen a path to social and climate recovery/progress that could occur without first eradicating the class of people who most enjoy the present status quo.
I'll add that we can now remove the tax exempt status for religious organizations. Only problem is it puts more money in the hands of the government so they mismanage that as well.
I wish we could get full transparency of where literally every dollar is spent. We shouldn't have to ask for that.
So, let's put aside for a moment the rather shocking number of people casually advocating for murder in this thread.
I want to talk instead about how everyone here is just talking for granted the notion that removing the billionaires, Republican politicians, or whatever "they" you care to think of, would be a solution, or even a positive step, for modern social ills.
There's a big undercurrent in almost any political discussion online, this implication that every one of the world's problems actually has a super simple solution, that The Powerful could just snap their fingers and make it happen if they wanted to, and it's only because of their greed etc that we have any problems that all. Obviously we live in a time of huge inequity and we'd be a lot better off if we found a good way to improve it.
But many (most?) of our biggest problems are inherent to the challenge of keeping 8 billion people alive and happy in a hostile universe, and in fact nobody has ever had a perfect solution. Throwing the entire planet into chaos by causally throwing away human beings' rights and leaving an enormous portion of the world's capital in uncertain hands, ready to be seized by some other set of psychopathic opportunists who happen to be in a position to do so, certainly ain't it.
The problem isn't the exact rate, it is their ability to pay for tax experts so they can avoid having most of their wealth taxed at all. This is why Biden wanted to beef up the IRS and sic them on billionaires. Scrutinize the cracks they slip through.
That’s part of the problem; but, increasing tax rates (income, capital gains, depreciation recapture, 1031 exchanges etc) is needed even more than enforcement of existing. You’d be surprised how much of what the rich do to reduce their tax burden is perfectly legal and IRS enforcement would just be an annoyance.
Adjust our economic system to disallow inherited wealth beyond a lavish amount. I don't mind a person getting rich for starting and succeeding with a massive company. I do mind the 100B being passed to their children, who will never have done anything to earn it.
Let the kids have $10 million each or something, the government should take the rest. If they try to "leave" the country the same thing should apply.
This will also adjust the incentive for billionaires to just make more money since they know they won't be able to pass it on maybe they will start actually spending it to keep the
Japan solved the overpaid corporate culture nonsense. Australia has the most wealth equality, without the parasitic billionaire problem. The solutions have existed for a long time.
The real issue in the USA is the lack of effective legislation. There is no political accountability. This is all due to a two party system. All it takes to fix the USA is outlawing gerrymandering, rejecting the electoral college, and institute tiered voting where everyone votes for the candidates based upon their preferred priority order. Popular votes is the only Democratic method. Representative republics are a corruption of democracy that was a necessity with the travel and communication limitations of 300 years ago but not now. Voting for candidates by priority would make party affiliation nearly meaningless and force accountability and substance because the difference between candidates would drastically decrease. It would eliminate the polarized nonsense that all the billionaires want. It isn't about the ridiculous nonsense, it is about ensuring very little productive legislation is possible. No laws means do anything you want. The US has a tenth of the laws and protections of any other western country.
Welp, I mean you can target them with hatred and bitterness and have that animosity inside of you or you can mind your own, do what I said when your paths cross, and be free to live a life better than that. It really is that simple.
But seriously though, eliminating bad actors should be the first step. Otherwise they will just drag their heels into the ground preventing any real progress for whatever reason they have. Whether it be greed, malice, or just plain old stupidity.
Death will likely be involved at some point realistically. Either by people refusing to go peacefully, or by a lack of action by the people resulting in groups dying for things like heat stroke/freezing to death, starvation, general unrest.
I wish that things like that wouldn't happen, but I won't be surprised if it does.
You don't have to eradicate all of them, just each year have the richest person in the world executed. Only one.
Watch all these billionaires race to give their money away and put it into philanthropic endeavours.
Of course, if any of them are found to be evading or hiding the true extent of their wealth, execution. And money invested in their own organisations/businesses would also of course be counted as theirs.
All it is necessary to do is to abolish all other forms of taxation until the weight of taxation rests upon the value of land irrespective of improvements, and take the ground-rent for the public benefit.
~ Henry George, Social Problems
A hundred and fifty years ago, a journalist, sociologist, and economist from San Francisco asked a simple question. Why does wealth seem to create poverty? Henry George figured out the underlying economic limitations and corrupting social influence of the English Model of internal revenue. Roughly, this is a taxation system based on nationalizing the resources of the productive and the "sinful" (whatever that means to you), which works really well when your principal form of expansion is inter-continental colonialism, but not so much when it evolves into urban industrialization. He proposed a simple, logical alternative: a single tax on Economic Rent, which is the value added to land by the growth of society as opposed to the contributions of labor and capital. Unfortunately for the United States, he died before he could be elected Mayor of New York.
The United States is now too culturally polarized to collectively realize that the basic inefficiency of our internal revenue system exaggerates healthy asymmetry to a point of desperate conflict. When the right wing deregulates markets and cuts social programs, they ignore the tyranny of the monopoly, giving established industry free reign over individuals. When the left wing steals from the rich and restricts property and trade according to committee morality, they fail to differentiate between productive and unproductive application of capital, and create perverse incentives for the wealthy to insulate themselves from the reach of the public. Both of these political paradigms are characterized by subjective justifications for violations of individual rights.
Henry George did not invent anything. He simply put aside the cultural fervor of his day and looked deep into the system, at the underlying purposes for the components of the system. As the United States evolves into the post-industrial era, we have an opportunity to do the same.
While I'd say that it is absolutely the case that the ruling class must be eliminated before there can be meaningful change, since they're too far removed from common life (or sanity for that matter) to make any of the necessary concessions of their own volition, I think it's undeniably the case that a rational society cannot be built by people who believe that killing people is an acceptable approach to problems.
I think the only hope is that our descendants, when they rebuild civilization out of the rubble we leave behind, will do a better job of it - at the very least, that they'll know better than to let psychopaths gain power.
That suggests, though, that societal progress can only occur once they ARE dead, or at least disenfranchised beyond any hope of recovery (and presumably a lot of other people dead too, if civilization is reduced to ruins)
But I would challenge the assertion that people willing to kill (or, I guess, order it to be done) are unable to improve upon current society. If certain individuals are impeding society from advancement, and the only viable solution to their removal is one of violence, simply seeing that to be the case and being willing to take those actions doesn't necessarily mean their vision of society is a flawed one (though I will admit, it does make for a reasonable inductive argument of that conclusion)
But if, as you say, the ruling class must first be removed before positive change can take place, that suggests that either the only path to improvement is through such extreme means, or else there is no path to a better society.
The problem with some of them is that they can do whatever they want for just a little more money and they do it all the time, thats why regulation is a must if the people is what matters, CMV
Yes, and it's simple and effective - Tax them and limit the huge transfers of intergenerational wealth. When the US had a robust taxation system with high marginal rates for the highest income levels, we also had the strongest and most robust middle class. It powered the "American Dream." Having individuals hoard billions of dollars and build familial dynasties isn't good for society as a whole.
In my opinion, it all begins with ending the system of legalized political bribery, getting dark money out of politics, and making politicians accountable to citizens again.
Do you think the ultra rich will pay up? Also the government is the US is quite corrupt, this money won't fix anything. Fist fix corruption, then try to help the poor.
Make it illegal to even have that much money, since literally no one needs that much, and take it from them. No idea what that would look like though.
Whatever theoretically is done their wealth should be redistributed to the people that made it for them. Workers need to own the means of production.
Raise taxes on people making billions of dollars a year.
I believe higher taxation on the wealthy is necessary, but how do we actually implement that?
Our tax code is base upon "realized gains". Most of these billionaires aren't actually getting deposits into their checking accounts for a billion dollars a year. Most their wealth and their gains come in the value of their assets increasing (stock is one example of an asset). The tax code does tax them when they sell the stock to get money to deposit in their checking accounts, and the billionaires do that, but just not with very much money. Certainly nothing even close to a billion dollars in a single year.
So how do you tax them? Do you tax them on the value of their assets? If the value of their assets goes down, do you give the tax money back? All of these questions and more would need to be answered for a coherent tax code that could be enforced. I don't have the answers, but I'm very open to those that do.
When I get stock from work, I have to pay tax on the value at the time as if it was just regular cash coming in (even if i don't immediately sell). It gets added into my W2. It's really annoying since it leads to a bigger tax bill come tax season .. why doesn't that happen for them?
While I know this is silly and would never work, I can't help but fantasize about giving anyone that makes a billion dollars a beautiful fancy trophy....
And then forbid them from making a dollar more until they spend it all.
Murdering them would be a little wasteful? Just put them and their highest paid lackeys on a remote Pacific Island where the only way they can purchase external supplies is with the plastics they have managed to retrieve from the ocean.
The problems is not that rich people exist, millionaires are few and far between, but that rich people that are able to screw everyone over.
What we have to do is to stop giving the rich so much power, especially over the government. Less corruption means that we can better regulate large companies, including enforcing pollution emission limts.
In fact, you are already helping with that, by using Lemmy and not corporate social media like Twitter or Reddit.
Murder implies a moral judgement that its unjustified. Self defense against attempted murder is not murder even when the assailant is killed in the process.
This post is as bad as the stuff on exploding heads. I have an idea, let's not plan on murdering people based on their gender, class, race, or any other circumstance.
Well, there may be a solution, but it does involve eugenics and wars about those eugenics and we'll have to wait another 40 years for things to actually start to get better, but then we get to boldly go places. Also Irish reunification.