▲ 723 ▼ 7 years ago there were no billionaires worth more than $100 billion - today there are 18! (sh.itjust.works) submitted 2 years ago* (last edited 2 years ago) by darnisha1@sh.itjust.works to c/aboringdystopia@lemmy.world 97 comments fedilink hide all child comments Billionaires 7 years ago: https://web.archive.org/web/20171004002738/https://www.bloomberg.com/billionaires/ Billionaires today: https://www.bloomberg.com/billionaires/
[+] RattlerSix@lemmy.world 22 points 2 years ago (1 child) [deleted] permalink fedilink source hideshow 2 child comments replies: [–] chonglibloodsport@lemmy.world -5 points 2 years ago (1 child) A trillion bucks, but not in cash; in shares of those companies. Try to sell it all for cash and you tank the share price. People lose their jobs, pension funds that own shares in those companies lose value. That’s the trouble with taxing wealth. It’s not liquid like income. All that net worth is tied up in the companies and not easily accessed. permalink fedilink source parent hideshow 2 child comments replies: [–] ebc@lemmy.ca 16 points 2 years ago (2 children) I'd be okay with the govt owning shares, honestly. That way the public would get a voice in how these megacorps operate, and that voice would get bigger the larger the company becomes. permalink fedilink source parent hideshow 4 child comments replies: [–] LesserAbe@lemmy.world 1 point 2 years ago Sovereign wealth fund baby, time to get Nordic permalink fedilink source parent [–] deafboy@lemmy.world 1 point 2 years ago (1 child) govt owning shares, honestly. That way the public would get a voice How would a public get a voice? The government would have a voice. permalink fedilink source parent hideshow 2 child comments replies: [–] ebc@lemmy.ca 1 point 2 years ago In theory, the government is elected by the public. Not a given these days, I know. permalink fedilink source parent
[–] chonglibloodsport@lemmy.world -5 points 2 years ago (1 child) A trillion bucks, but not in cash; in shares of those companies. Try to sell it all for cash and you tank the share price. People lose their jobs, pension funds that own shares in those companies lose value. That’s the trouble with taxing wealth. It’s not liquid like income. All that net worth is tied up in the companies and not easily accessed. permalink fedilink source parent hideshow 2 child comments replies: [–] ebc@lemmy.ca 16 points 2 years ago (2 children) I'd be okay with the govt owning shares, honestly. That way the public would get a voice in how these megacorps operate, and that voice would get bigger the larger the company becomes. permalink fedilink source parent hideshow 4 child comments replies: [–] LesserAbe@lemmy.world 1 point 2 years ago Sovereign wealth fund baby, time to get Nordic permalink fedilink source parent [–] deafboy@lemmy.world 1 point 2 years ago (1 child) govt owning shares, honestly. That way the public would get a voice How would a public get a voice? The government would have a voice. permalink fedilink source parent hideshow 2 child comments replies: [–] ebc@lemmy.ca 1 point 2 years ago In theory, the government is elected by the public. Not a given these days, I know. permalink fedilink source parent
[–] ebc@lemmy.ca 16 points 2 years ago (2 children) I'd be okay with the govt owning shares, honestly. That way the public would get a voice in how these megacorps operate, and that voice would get bigger the larger the company becomes. permalink fedilink source parent hideshow 4 child comments replies: [–] LesserAbe@lemmy.world 1 point 2 years ago Sovereign wealth fund baby, time to get Nordic permalink fedilink source parent [–] deafboy@lemmy.world 1 point 2 years ago (1 child) govt owning shares, honestly. That way the public would get a voice How would a public get a voice? The government would have a voice. permalink fedilink source parent hideshow 2 child comments replies: [–] ebc@lemmy.ca 1 point 2 years ago In theory, the government is elected by the public. Not a given these days, I know. permalink fedilink source parent
[–] LesserAbe@lemmy.world 1 point 2 years ago Sovereign wealth fund baby, time to get Nordic permalink fedilink source parent
[–] deafboy@lemmy.world 1 point 2 years ago (1 child) govt owning shares, honestly. That way the public would get a voice How would a public get a voice? The government would have a voice. permalink fedilink source parent hideshow 2 child comments replies: [–] ebc@lemmy.ca 1 point 2 years ago In theory, the government is elected by the public. Not a given these days, I know. permalink fedilink source parent
[–] ebc@lemmy.ca 1 point 2 years ago In theory, the government is elected by the public. Not a given these days, I know. permalink fedilink source parent
