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[–] 82 points 2 months ago (17 children)

Doesn't work like that. It's more like fighting a Hydra. If a Billionaire worth $50B dies, like 10 Children are gonna inherit $5B each. So we would have even more Billionaires afterwards.

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  • [–] 105 points 2 months ago (1 child)

    So you're saying we're distributing wealth from the top down? Splatter down economics?

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  • [–] 30 points 2 months ago* (1 child)

    But the wealth would still be less centralized and they would be easier to kill for a while or have yo spend a larger percent on security its progress just because one virtuous heroic act doesn't immediately save everything doesn't mean doing a little bit every day won't make the world better because if you kill those five kids and kill their 25 heirs then you've just cracked the no billionaires mark! So its a couple years not a couple months the world would still be saved

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  • [–] 25 points 2 months ago* (last edited 2 months ago)

    From my experience playing Crusader Kings 2 and 3, gavelkind's a bitch.

    Splitting your enemy's demesne amongst their successors gives you more but weaker enemies (and sometimes some friends), and leads to infighting and chaos amongst them.

    Nine times out of ten murdering an enemy with lots of children leaves you better off than not murdering them.

    (Of course, though, this scales inversely to the number of successors, so if there's only one or two proceed only if their stats are lower than your enemy's, or if it'll still be a few years before they come of age.)

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  • [–] 16 points 2 months ago (1 child)

    The difference is that each head would be weaker and weaker until it's just a bunch of snakes like the rest of us.

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  • [–] 6 points 2 months ago

    All we want is wealth distribution.

    The more the family tree gets eliminated, perhaps those names further down the branches understand they don't want to die and do the right thing.

    Younger generations want to end the progressive familial abuse patter of previous generations. This is no different.

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  • [–] 7 points 2 months ago (3 children)

    In theory though impossible in practice:

    If we halved the wealth of the current richest person.

    Equally divided that wealth to the 50% poorest household.

    And repeated from their till there are no more Billionaires.

    Musk would end up at 800 mil after having his wealth divided 10 times. While people who had no money to start now have around 50K

    (Broad numbers, Not an accurate calculation)

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  • [–] 11 points 2 months ago (3 children)

    That's still good, though.

    If the richest people were only 1000x wealthier than the poorest... wow.

    Currently, the richest people could spend the entirety of every penny an average person would make from the day that person was born to the day that person died every single day and still not run out of money before that person died. That's an entire person's fiscal existence spent every day for their entire life and it wouldn't even make a dent.

    So, yeah, I'd take 1000:1

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  • [–] 1 point 2 months ago* (last edited 2 months ago)

    Thats what i mean, we theoretically can redistribute the majority of wealth to end all poverty and there would still be enough centralised wealth for the current rich to still live in royal luxury and feel special about.

    Of course there would be massive opposition unless we figure what that does to inflation. So I don’t think it'll ever happen but its a point that we absolutely could redistribute wealth without eradicating the upper class.

    Instead as an actual solution i think we should count differently and consider all wealth to be a personal cost of a human taking resources from the shared planet. What you consume and possess is what you cost to others. Life is inherently a destructive action.

    By measuring the cost and aiming to keep it low we can allow free access to groups (elderly for example) to a share of industrial output.

    They don’t need to pay with money, society just needs to count the cost of their transaction. Invite for a welfare talk if there is a problem with overconsumption.

    This project is a wip but i imagine that using what is called fountain pen money now could be used to pay classical industry with classical money. The fountain pen money is technically a debt but its the natural debt of human life with no expectation to ever close it.

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  • [–] 2 points 2 months ago

    The other part of this is they don't get the huge portion of wealth that is being generated anymore. It goes to the people making it instead. It's not just a 1 time, take half their money and give it to the poor thing.

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  • [–] 3 points 2 months ago (1 child)

    Also, there's like 1000 billionaires. 500 kids a month aren't getting shot.

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  • [–] 10 points 2 months ago (2 children)
  • [–] 2 points 2 months ago (27 children)

    Had this argument a few days ago. Someone said 'kill all billionaires' as a low-effort comment, and I noted that whilst that makes a good protest sign slogan, I wouldn't want to whip up a mob trained solely on that heuristic - I asked them to get specific in what they want to lynch this billionaire for. Not because I want to defend billionaires, but Lemmy is a discussion platform, and "kill all billionaires" is a thought stopper.

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  • [–] 1 point 2 months ago (1 child)

    Thats true and some are definitely worse like oil and media and weapons billionaires are worst tailor swift and rhianna can go last and we can kill them with like heroin overdose or something else that's not so bad

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  • [–] 2 points 2 months ago (7 children)

    Or maybe you can convince them to give away most of their fortunes (still keeping enough to live the rest of their lives in luxury, of course, because what's a few hundred million to these people?), when being a billionaire is no longer allowed.

    Like, allow anyone to make up to $999,999,999 after-tax, and anything after that (whether capital gains or income) is taxed at 100%. It's that simple. You only need to "take care" of the ones who try to stop it or reverse it.

    Imprison the ones who try to circumvent it with offshore banking, webs of trustees, money laundering, or other loopholes that are only available to the wealthy (like a collection of priceless paintings that are used as a bank account, or yet another personal yacht written off as a business expense).

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