Richard Stallman.
He’s not a billionaire, but he sure is a fossrillionaire.
*fossillionaire
JB Pritsker
You can have a capitalist economy without billionaires. It just requires a wealth tax and welfare state. Nothing wrong with small businesses and anti trust.
All that said, UBI is inevitable with the rise of automation, as the value of labour drops to zero. The only question is: will the labour class fight for their share of the pie, or will they roll over and just die of hunger.
it just requires a wealth tax and welfare state
easy enough solution to defeat the Oligarchy , i could not imagine what stoping its implementation … well besides the Oligarchy of course …
Solid take.
I believe the most productive framing of UBI is directed toward the capitalists:
Say automation replaces the workforce you employ, with monumental savings to you! Now what?
The products that the businesses you control create require consumers. No consumers, no sales. Henry Ford realized this a century ago, which is why he championed a robust minimum wage. What good is the most efficient production if supply dwarfs demand? Even if you produce luxuries for the capitalist class, the buying power of those capitalists is predicated on their own profits. Elimination of the consumer class decimates the purchasing power of the capitalists which rely on their consumption, trickling up the chain.
Logically, it’s best to view the taxes that enable UBI as akin to the ante at a poker table, with returns on production and marketing resembling the strength of your cards. If everyone at the table pays in, and you have the strongest hand, you get out more than you put in.
If Coke, Pepsi, RC Cola, and the various generics pay in relative to their revenue, but Pepsi secures an outsized market share, their profits outpace the ante.
This is inevitable, the alternative being total collapse for all parties. Maybe you’d be the last to exit the market, but without the ante system, everyone will exit the market soon enough.
Hansjörg Wyss
he made his Fortune with Broken Spines … makes kind holistic sense …
Why would I root for any billionaire and what would for?
I dont know either… they seem always so non-capable
- cant use the subway ,
- cant use Normal Planes
- cant keep their House in order without 10 helpers or so …
- cant wage labor
- cant cook
- still uses Boats like its the Bronce age … etc…
Regis Philbin.
Bruce Wayne. Not sure if he’s a billionaire but he sure is a millionaire. I can’t think of any other mega rich person worth rooting for
Eh. Using your tremendous wealth for vaguely directed battery is less than optimal. I think I’d take any of the real philanthropist billionaires over Bruce Wayne.
You mean the guy that brutalizes petty criminals and people with mental health issues instead of addressing any underlying conditions that he could with his vast wealth? You chose the fascist furry of all people?
Political consciousness has eroded. The poor root for their capitalist billionaire oppressors. They no longer care to have the pride to fight for themselves.Infra-materialists unite!
None, fuck anyone with a net value over 10 million.
Just because I’m not a communist doesn’t mean I’m not in favor of eating the rich.
But if your ideology respects passive income , how can you Murder those that have passiv income ?
I’m not against passive income, I’m against billionaires.
“i am not against billionaires , i am against billionaires”
WTAF are you talking about. On Lemmy, you’re either a communist or a billlionaire tooting nazi.
I’m in favour of a progressive tax on income, in favour of inheritance tax and in favour of a wealth tax. That doesn’t mean I think some people shouldn’t become rich from their efforts or that every wealthy person has gotten their by exploring the labour they employ (everybody else free to take that risk too).
I’d like my government and country run like the Nordics. Where I do fit in in your insane binary world?
I am from the Nordics. Spoiler: the rich get rich from exploiting workers and national resources, or inheritance from someone else that did.
Look at university professors’ pay compared to that of a broker if you think we have a merit awarding income system.
Me too. If you think the Nordics is bad, don’t move move to the U.K. or US where I am. We can argue all day long about our experience of each system, but look at the Gini coefficient alone for some data.
Yeah, I am proud of my country’s history of somewhat national control over resources and not super incredibly terrible distribution of wealth. The bar set by the UK and US is outstandingly low though, and the trend for the Nordics is going in the wrong direction, and has been for 50 years, even though there were lots of potential for improvement even 50 years ago.
The communist viewpoint is that bourgeoisie interests will inevitably erode social democracies and make them rot from within. You have to replace the capitalist mode of production to have a chance at combatting exploitation of nature and people in any real and lasting capacity.
You know that most retirees rely on passive income, right? That investment is for the working class as well as the bourgeois and wealthy? Fucks sake, I wait tables and I invest, both in stocks and real estate.
i do not know that because it is wrong. Retirees deepend on their Pension. the Pension is from their earlier income .
Passive Income is Landlords and Interest … if you Try to Put Students and Retierees in there you are a Classtraitor or 10.000 miles under the Water …
Maybe this is different where you live, but where I live, most retirees have retirement investments, not pensions, and even pensions are usually drawn from a fund that is invested in the market. You can argue this shouldn’t be the case, but you cannot seriously argue that this is not the case.
and the Fund is filled by what money ?
the Company profit or part of your Wage ?
watch this video you will understand afterwards…
