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They aren't gonna stop are they? (thelemmy.club)
submitted 2 months ago by to c/anarchism@lemmy.dbzer0.com
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[–] 87 points 2 months ago (22 children)

So now Musk is richer than the next four richest combined?

I think this is getting a little out of control.

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  • [–] 62 points 2 months ago (19 children)

    He makes about $150,000,000 a day, passively from his assets.

    Wealth tax now.

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  • [+] -17 points 2 months ago (17 children)

    tax

    You folks hate theory, huh.

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

    It's okay to be nuanced about this. In a system where one person can "make" this much, things are so obviously out of whack that it's not contradictory to want that kind of wealth to be heavily taxed, while still holding the view that in an anarchist system taxation is not desirable.

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  • [–] 27 points 2 months ago

    Yeah, it’s also worth noting that “wealth tax” is the compromise. It’s the starting point for a good faith negotiation, which works within the bounds of the current systems. Because the alternative is “storm the compounds. We’d only need to livestream a mob eating like a dozen of the richest before the rest get the message and fall in line.”

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  • [+] -8 points 2 months ago (8 children)

    Nuance about larceny gets you Sweden. Larceny is the wrong approach to horizontalidad. You want to compensate workers for yields, not rob’m.

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

    I don't disagree in principle. But pragmatically, while a wealth tax is an imperfect system for wealth redistribution, it's still realisable on meaningful timescales. It can be done while working to achieve true horizontalidad.

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  • [–] -2 points 2 months ago (6 children)

    How?

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  • [–] 4 points 2 months ago (5 children)

    By removing the financial power that people who hoard wealth hold.

    That can happen while building new, non-heirarchical systems.

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  • [–] -2 points 2 months ago (4 children)

    That financial power is lobbying, enabled by taxation (us anarchists righteously call it «larceny»), that hoards wealth for the state…

    That can happen while building new, non-heirarchical systems.

    How…

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

    That financial power is lobbying, enabled by taxation (us anarchists righteously call it «larceny»), that hoards wealth for the state…

    Yes, I've seen you keep using the word "larceny". Taxation serves multiple functions, including maintaining the stability of the currency.

    Right now Elon Musk has more personal wealth than the projected 2026 GDP of 197 nations (as found on the Worldometer page of GDP by Country). In absolute terms he has more lobbying power than a majority of nation states. This is not desirable, equitable or justifiable under any ethical framework I can think of.

    Do I think taxation is desirable? No, especially not in financial systems not based on fiat money. Would I support a wealth tax that would result in removing this power from Musk, or any other person with inordinate personal wealth, while we operate in a financial system that is based on fiat money? Yes.

    That can happen while building new, non-heirarchical systems.

    How…

    As an action in parallel with other activities that actively build horizontal systems, I consider it beneficial to remove that power from the few individuals that hold it.

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  • [–] -1 points 2 months ago* (2 children)

    stability of the currency

    Backed by debt, which is theft…

    Would I support a wealth tax that would result in removing this power from Musk, or any other person with inordinate personal wealth, while we operate in a financial system that is based on fiat money? Yes.

    The wealth he obtained through subsidized projects with amerikkka’s taxes… Taxing him, through his lobby, is only going to making him richerer…

    parallel with other activities that actively build horizontal systems, I consider it beneficial to remove that power from the few individuals that hold it.

    … … How do you think those few individuals hold lobby power?

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  • [–] 4 points 2 months ago* (last edited 2 months ago) (1 child)

    Fine, we have established your opposition to a wealth tax in order to remove the power Musk holds via his wealth.

    How would you recommend dealing with the specific threat that Musk having this financial power represents?

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  • [–] -1 points 2 months ago

    Total assets, bonds, loans, stock and subsidies forfeiture, and reminting coins by Congress, and only Congress.

    I am still unsure how amerikkka will ever pay the debts owed to the Federal Reserve. Maybe make usury illegal again?

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  • [–] 1 point 2 months ago (5 children)

    That link is far too specific. This one gets the point across much more clearly.

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  • [–] -2 points 2 months ago* (4 children)

    you forgot to append the #Against anchor.

    it should be depressing many people still don't comprehend the problem with compulsory larceny.

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

    Oh I just now realized that you're calling taxes, "compulsory larceny". Literally just "tax is theft" with a pseudointellectual patina.

    Lol ok bud. Go live on SeaLand or some shit

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

    Wait, taxes can now be voluntary?
    ’Cause mutual aid is something we praxis, but being threatened with violence for not complying to your burglary is “pseudointellectualism”?

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

    No, trying to sound smart by using big words was the pseudointellectual part.

    "Taxes are theft" is just the stupid bullshit I believed when I was 12 years old.

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