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idiotsecant 3 hours ago

It's mind boggling that you view the solution to this as so counter to the interests of the capital class that you can't even speak it aloud

You tax them. Wealth inequality of this magnitude is toxic to democracy. It's simply too much power. These men aren't gods, they are just flesh and blood and usually really terrible people. We are not staff at their resort. Let them live in luxury for the rest of their life, great. But they don't get to have more political power than half a million people put together.

nfw2 2 hours ago | parent | next [-]

So you're saying the obvious solution is to force founders to liquidate all shares necessary every year to keep their wealth under 100M? How to keep short sellers from feasting on this? Who will the buyers be if everyone is selling around tax season? If the stock crashes because there is government-mandated short interest and no long interest are they off the hook?

On the point of democracy, none of the candidates who spend the most on major elections seem to be winning much lately, Bloomberg, Harris, Cuomo, Steyer, etc.

bluecheese452 an hour ago | parent | next [-]

Maybe if you suck them off hard enough they will give you a few crumbs after you are done.

nfw2 29 minutes ago | parent [-]

Beats sucking off a communist in order to not starve when there is a food shortage

esseph an hour ago | parent | prev [-]

> On the point of democracy, none of the candidates who spend the most on major elections seem to be winning much lately,

Thomas Massie was just ousted in the most expensive house primary in US history.

The difference between 1-2 mil that is normally spent and the $30+ million spent on that election alone.

nfw2 an hour ago | parent [-]

Tom steyer spent half a billion to not even make it onto the final ca ballot

taffer 2 hours ago | parent | prev [-]

> It's mind boggling that you

Please don't do this.

> When disagreeing, please reply to the argument instead of calling names. "That is idiotic; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3."

https://news.ycombinator.com/newsguidelines.html