Billionaires should not be possible
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Billionaires should not be possible
The fact that there are so many are clear indications the system is broken
1 is too many.
@stux I loved AOCs line that billionaires are a policy failure. Indeed.
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@stux Even a millionaire is an aberration.
we are closer to being millionaires than a millionaire is to become a billionaire. Here in ireland a detached house is at least half a million euros, which I know is insane, but a few decades ago owning a detached house, two cars, all on one salary for a family of 4 would've been considered "middle class"
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we are closer to being millionaires than a millionaire is to become a billionaire. Here in ireland a detached house is at least half a million euros, which I know is insane, but a few decades ago owning a detached house, two cars, all on one salary for a family of 4 would've been considered "middle class"
@pelle went to see a place in Ballyfermot this morning...280 for a wreck...mad isn't it
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Billionaires should not be possible
The fact that there are so many are clear indications the system is broken
1 is too many.
@stux
It's a symptom of not enough stock holders having a direct impact on companies & boards of directors, because too many stocks are held by ETFs & investment funds, so the individual stockholders lose touch. It has to be addressed in such a way so that ETF holders have a say in the direction companies take & the salaries & stock options given out -
Billionaires should not be possible
The fact that there are so many are clear indications the system is broken
1 is too many.
@stux
Its a failure mode -
Billionaires should not be possible
The fact that there are so many are clear indications the system is broken
1 is too many.
@stux it has been decades since my #geography degree, but we considered that it wasn’t a deficiency problem but a distribution problem.
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Billionaires should not be possible
The fact that there are so many are clear indications the system is broken
1 is too many.
@stux hugs.
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Billionaires should not be possible
The fact that there are so many are clear indications the system is broken
1 is too many.
Billionaire wealth is unmerited.
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Billionaires should not be possible
The fact that there are so many are clear indications the system is broken
1 is too many.
@stux
The fact that anyone could be desiring of such obscene wealth whist failing to understand the potential value of a better future for all, is at the heart of the human tragedy and the reason why the Fermi Paradox is so existentially un-navigable. -
Billionaires should not be possible
The fact that there are so many are clear indications the system is broken
1 is too many.
@stux @Pollinators the financial system is the leech that sucks #democracy dry. We need #tobintax
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