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submitted 1 week ago by [email protected] to c/[email protected]
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[-] [email protected] 4 points 1 week ago

Wealth is good and all, but the companies involved also lead to products being more expensive, that wealth would go a lot farther with either regulations on land ownership or total reform of land ownership, free universities, universal healthcare, zoning reform and work reform

[-] [email protected] 3 points 1 week ago

Deranged, these people don't realize there are voice actors for the muppets

[-] [email protected] 2 points 1 week ago* (last edited 1 week ago)

Except the wealth you're talking about is ownership, not actual money. Redistributing it won't give everybody a pile of Scrooge McDuck coins, it will give them stocks and other asset ownership worth half a million. To spend any of that, they would have to sell shares to somebody for cash and spend the cash, which they can only do once. After a flurry of liquidating and spending, you'd end up with a lot of people who have more stuff but are otherwise back where they were, and other people who spend less and gradually accumulate a ton of shares to become rich.

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this post was submitted on 19 May 2025
976 points (97.4% liked)

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