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fun fact (lemmy.blahaj.zone)
submitted 2 months ago by to c/microblogmemes@lemmy.world
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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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  • [–] 6 points 2 months ago (1 child)

    This is why I think we need to start talking about wealth caps. I don't understand why the left hasn't jumped on that.

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

    Wealth cap is a great idea, but suffers from the same issue as "tax the rich," in that how do you do either of those things when the ultrawealthy are the ones in political power? they generally aint gonna cap or tax themselves

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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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