Everytime I look at small problems or big global problems, if you follow the money trail, it all leads to some billionaire who is either working towards increasing their wealth or protecting their wealth from decreasing.

Everything from politics, climate change, workers rights, democratic government, technology, land rights, human rights can all be rendered down to people fighting another group of people who defend the rights of a billionaire to keep their wealth or to expand their control.

If humanity got rid of or outlawed the notion of any one individual owning far too much money than they could ever possibly spend in a lifetime, we could free up so much wealth and energy to do other things like save ourselves from climate change.

  • IninewCrow@lemmy.caOP
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    8 months ago

    This is the circular argument I often have with my friends about wealth and it all boils down to just power.

    When billionaires lay claim to enormous amounts of money, it gives them an equal amount of enormous power.

    Have that wealth redistributed to millions of people and that wealth no longer matters and no one person has any great level of power.

    It’s our own belief that we need or see that it is necessary to have individuals with enormous wealth that is the problem. The belief that our world can only exist if there is infinite wealth.

    The other side of the argument is that the change of eliminating billionaires won’t happen overnight. I wish I could pull a switch right now that could drain the bank accounts of billionaires and instantly transfer that wealth to millions of people but it won’t work that way, ever.

    I envision a gradual change … where billionaires are just steadily taxed into non existence, where their wealth is just slowly absorbed into public services everywhere and at the same time any individual that accumulates enormous wealth is discouraged. It would be a process that would last decades or lifetimes and eventually to a point where individual excessive wealth is eliminated.

    • Rivalarrival@lemmy.today
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      8 months ago

      The other side of the argument is that the change of eliminating billionaires won’t happen overnight. I wish I could pull a switch right now that could drain the bank accounts of billionaires and instantly transfer that wealth to millions of people but it won’t work that way, ever.

      Why not? “We” designed, built, and used such a switch before. It’s #7 in this diagram: