Hypothetically, if one were to seize the assets of, say a billionaire, what would that look like? Obviously, most of these forms are non-liquid. I’m looking for a purely financial perspective. Thanks.
There are a myriad of news articles here on Lemmy that display the abhorrent influence billionaires have on our society (especially the US, where I reside). I consistently read comments where the posters appear hopeless and despondent of the situation, while others jokingly refer to the guillotine....
Since force is a clear crowd favorite: What would that look like? Angry mod surrounds home of billionaire and guillotines them on their lawn? According to Forbes there are currently 735 billionaires. That might take some time.
Definitely one of those ideas that would 100% work in theory but never in practice. The concept of “voting with your dollar” is still a powerful tool because it doesn’t need to be complete, just enough to hurt the industry.
Why do we even have to have this conversation in the first place (slrpnk.net)
How does seizing assets work in practice in the US?
Hypothetically, if one were to seize the assets of, say a billionaire, what would that look like? Obviously, most of these forms are non-liquid. I’m looking for a purely financial perspective. Thanks.
What are the best steps to reduce the wealth of billionaires?
There are a myriad of news articles here on Lemmy that display the abhorrent influence billionaires have on our society (especially the US, where I reside). I consistently read comments where the posters appear hopeless and despondent of the situation, while others jokingly refer to the guillotine....