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RegalPotoo

@RegalPotoo@lemmy.world

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RegalPotoo,
@RegalPotoo@lemmy.world avatar

Simply by having a billion dollars means they have decided to hoard that wealth. They could give away 90% of it, leaving them with $100 million, it wouldn’t impact their quality of life in any way, and still leave them with more wealth than 99.9% of the planet. Imagine the good that $900 million could do if it was put to good use rather than sitting in a bank account as a status symbol - having the capability to do that good with no impact on yourself or your family and choosing not to makes you an immoral person.

Billionaires shouldn’t exist. At all.

RegalPotoo,
@RegalPotoo@lemmy.world avatar

Because in countries with functioning democracies, political power is narrowly scoped (your electors give you a mandate to do certain things, and if you act contrary to those interests you loose your power) and fleeting (you only have power as long as your electors continue to entrust that power to you, and can remove that power if they decide you are no longer fit to wield it).

Money, by contrast, is permanent (capital breeds capital) and unaccountable (you can choose to use the power your wealth grants without any regard for what others think - even if people disapprove, they can’t stop you spending it)

RegalPotoo,
@RegalPotoo@lemmy.world avatar

And this, among many other reasons, is why you don’t buy cheap knock off power supplies

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