rbreich,
@rbreich@masto.ai avatar

813 US billionaires control a record $5.7 trillion in wealth.

The bottom 50% of Americans control $3.7 trillion in wealth.

When ~800 people control more wealth than half a country’s population, we have a very serious problem.

br00t4c,
@br00t4c@mastodon.social avatar

@rbreich Billionaires should not exist. Period. Tax them back down to earth.

tadbithuman,

@br00t4c @rbreich don't call it a tax, call it, ummm, civil forfeiture, no one could have made so much money without there having been some criming, amirite? There is no recourse, no jury trial, no guarantee of speedy trials also.

br00t4c,
@br00t4c@mastodon.social avatar

@tadbithuman @rbreich Why not? Everyday Americans lose legitimately acquired assets in this way with alarming regularity. "civil" asset forfeiture feels like a bit of an oxymoron doesn't it?

tadbithuman,

@br00t4c @rbreich

I think the SCOTUS will then rule it unconstitutional, the only way to get them to do the right thing.

xs4me2, (edited )
@xs4me2@mastodon.social avatar

@rbreich

It is called unregulated capitalism. Of the kind inspired by Reaganomics. Shrink government until nothing but billionaires are left.

They have it in Europe too now, here we call it neoliberalism. The increasing gap between rich and poor and the shrinking of government have caused the rise of populism, the far right and new fascists.

And yes that is a problem. Clear and present danger.

Radical_EgoCom,
@Radical_EgoCom@mastodon.social avatar

@xs4me2 @rbreich
Capitalism, whether under Reaganomics or neoliberalism, regulated or unregulated, inevitably leads to extreme wealth concentration, social inequality, and the erosion of democratic institutions.

xs4me2, (edited )
@xs4me2@mastodon.social avatar

@Radical_EgoCom @rbreich

That sounds very attractive, but in fact is not fully true. In a truly social democracy, appropriate taxes and state intervention can avoid this. This is what democratic institutions and ditto rule of law can accomplish.

In other words, tax the rich and the corporations.

In the Netherlands where I live, I am lucky that I earn enough to pay 55% of income tax, and that is a privilege and solidarity in the end.

Radical_EgoCom,
@Radical_EgoCom@mastodon.social avatar

@xs4me2 @rbreich
Social democracy still operates within the confines of a capitalist system, where wealth and power remain concentrated in the hands of a few. Reliance on taxation alone doesn't address the fundamental flaws of capitalism, such as the exploitation of labor and the commodification of resources.

xs4me2,
@xs4me2@mastodon.social avatar

@Radical_EgoCom @rbreich

Here in Europe that still seems to work quite well. But the perverted influences of US are doing their best to kill it.

Ultimate state control is no solution either as communist experiments in the former USSR have shown. Neither the Chinese nor Korean alternatives where suppression of individuals is the norm.

Radical_EgoCom,
@Radical_EgoCom@mastodon.social avatar

@xs4me2 @rbreich
I know state control isn't the solution. The solution is to pur control of society into the hands of the people instead of a bureaucratic middleman of authority.

xs4me2,
@xs4me2@mastodon.social avatar

@Radical_EgoCom @rbreich

To delegate the daily decisions for that and to avoid chaos and guarantee continuity we have something called (federal) parliamentary democracy.
And an operational government, elected by the people.

In Europe it has been working quite well, in fact. Despite attacks by fascism. Neoliberalism is the current challenge.

TheBestLeiya,
@TheBestLeiya@mastodon.social avatar

@Radical_EgoCom @xs4me2 @rbreich even democratic socialism does that. Its what you're given to vote for; different flavours of capitalism, and if you don't vote you should feel bad and you're basically a nazi.

xs4me2,
@xs4me2@mastodon.social avatar

@TheBestLeiya @Radical_EgoCom @rbreich

If you do not vote you are plain stupid. Certainly given given the current state of affairs in large parts of the democratic world.

They shall not pass! No pasaran, dammit.

TheBestLeiya,
@TheBestLeiya@mastodon.social avatar

@xs4me2 @Radical_EgoCom @rbreich I plan to not vote. Mostly because no party agrees with my core values. Also I'm dumb and depressed. 🤷🏻‍♀️

xs4me2,
@xs4me2@mastodon.social avatar

@TheBestLeiya @Radical_EgoCom @rbreich

Not voting is voting for fascism. And that is the most stupid thing you can do.

I rest my case here...

Radical_EgoCom,
@Radical_EgoCom@mastodon.social avatar

@xs4me2 @TheBestLeiya @rbreich
I support voting, but it's black-and-white thinking to presume that not voting is equivalent to voting for fascism. Now, if someone refuses to vote and does nothing else, then that is stupid, but there are other ways for people to positively influence their community/country and counter fascism other than voting.

xs4me2,
@xs4me2@mastodon.social avatar

@Radical_EgoCom @TheBestLeiya @rbreich

One should do both.

Radical_EgoCom,
@Radical_EgoCom@mastodon.social avatar

@xs4me2 @TheBestLeiya @rbreich
Yes, doing both would be optimal.

galvatron,
@galvatron@mastodon.social avatar

@Radical_EgoCom @xs4me2 @TheBestLeiya @rbreich You cannot not participate in an election. Unfortunately due to the way most voting systems work, the vote results have mostly that effect. Not voting is a level of thoughtless passive behaviour that I can barely tolerate. Also the excuses for not voting are usually even more dumb and baffling that you would imagine in good faith. It gets only worse when the same people keep complaining how dumb politicians and voters(!) are.

xs4me2,
@xs4me2@mastodon.social avatar
TheBestLeiya,
@TheBestLeiya@mastodon.social avatar

@Radical_EgoCom @xs4me2 @rbreich if there we're any parties that suited I would vote, but there isn't. The left is not left enough, communist parties aren't even putting up a fight. It's really just bollocks.

Radical_EgoCom,
@Radical_EgoCom@mastodon.social avatar

@TheBestLeiya @xs4me2 @rbreich
You're an anarchist, I presume. There's never going to be a party that you agree with, and it's the same with me. You essentially have two viable options that I know of. You could either vote for a party that most aligns with your core political values, or if you choose not to vote, you can advocate for and/or engage in grassroots organizing, direct action, and community building to challenge systemic injustices and create meaningful change from the ground up.

TheBestLeiya,
@TheBestLeiya@mastodon.social avatar

@Radical_EgoCom @xs4me2 @rbreich well.. I AM highly engaged and active in my community. I'm just not voting.

xs4me2,
@xs4me2@mastodon.social avatar

@TheBestLeiya @Radical_EgoCom @rbreich

The good thing about a democracy is that you are free to say and do what you want. It is your own choice. Just realize that this is a luxury not everybody in this world has.

TheBestLeiya,
@TheBestLeiya@mastodon.social avatar

@xs4me2 @Radical_EgoCom @rbreich the shameing again. If I need to be peer pressured into voting is it really any different from North Korea. Screw your election. Screw you politicians. Screw the overlords. Fuck this shit.

xs4me2,
@xs4me2@mastodon.social avatar

@TheBestLeiya @Radical_EgoCom @rbreich

Haha, you can say whatever you want. And I will vote so you will be able to!

TheBestLeiya,
@TheBestLeiya@mastodon.social avatar

@xs4me2 @Radical_EgoCom @rbreich just leave me out of this. Vote if you want to, idc.

xs4me2,
@xs4me2@mastodon.social avatar

@TheBestLeiya @Radical_EgoCom @rbreich

Good luck with that!

🤔

TheBestLeiya,
@TheBestLeiya@mastodon.social avatar

@xs4me2 @Radical_EgoCom @rbreich also I'm not into representative democracy. Fuck that.

xs4me2,
@xs4me2@mastodon.social avatar

@TheBestLeiya @Radical_EgoCom @rbreich

But what else are you into then?

TheBestLeiya,
@TheBestLeiya@mastodon.social avatar

@xs4me2 @Radical_EgoCom @rbreich this. I can't vote away capitalism, so I'll just won't vote.

xs4me2,
@xs4me2@mastodon.social avatar

@TheBestLeiya @Radical_EgoCom @rbreich

Sure, just do as you please...

🙄

TheBestLeiya,
@TheBestLeiya@mastodon.social avatar

@xs4me2 @Radical_EgoCom @rbreich I will?! Of course.

xs4me2,
@xs4me2@mastodon.social avatar
TheBestLeiya,
@TheBestLeiya@mastodon.social avatar
xs4me2,
@xs4me2@mastodon.social avatar
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