He’s absolutely right. Billionaires should not exist.
Wealth concentration is bad for everyone but the wealthy. https://inequality.org/facts/
Nobody asked me, but I agree with him.
Do you think we should have billionaires?
Bill Ackman, a billionaire hedge fund manager who has backed President Donald Trump in the past, on Thursday pledged to use his money to bankroll a challenger to Mamdani in the general election.
Case in point.
And how did he get those billions? How many peoples necks did he have to step on to climb his way up. It’s not so much what you do with your billions, it’s how you got them that makes you evil. The only exception to this is probably Bezos ex wife, maybe.
“Employees are the rungs on the ladder of success. Don’t hesitate to step on them.” -Rule of acquisition #211
lol. I don’t think she is as innocent as you make it seem 😂
Hence the maybe at the end. I always use qualifiers MOST of the time so I can weasel out of any statement I make.
So you just make sweeping nonsense statements, maybe.
This might induce me to donate to Mamdani’s campaign. I live in fucking Illinois btw.
I live nowhere near NYC and I donated.
Tbf, that’s one of the better states on workers rights issues.
The wealth of the rich is still growing and it will continue to grow automatically until the middle class ceases to exist. If we do not take the assets back, it will become impossible for normal working people to ever buy a house, or have any economic power over their own lives at all - nevermind the political control or the media manipulation.
Extreme wealth concentration is THE biggest issue facing society. Mamdani is absolutely right.
This needs to become the mainstream opinion. Billionaires and ultra wealthy shouldn’t exist. There is no trickling down or any of that stolen wealth coming back into the hands of average people.
They will just live in other countries if being a billionaire is illegal.
Lol, no. This is a strawman argument. Billionaires will absolutely not give up their precious connections and real estate to live on a private island or move away. Even if 50% would do that (lmao never) the tax would still be a huge benefit. Even without the money, not having these greedsacks meddling with local politics and laws would be a dream.
That’s fine, billionaires do not add to an economy, they drain it. So if they leave it will remove a useless burden on the economy and whatever country is dumb enough to take them in can deal with them instead. Meanwhile, if they are pulling money from our country we can find ways to tax it and prevent them from draining our resources (and yes, money is a resource like any other).
That’s the idea I think.
They can live where ever they want. The assets are here and we can tax them here.
As long as they stop siphoning money from us, I’m fine with that
Once you go beyond $100,000,000, there is no measurable difference in lifestyle. However, power accumulates. That amount of power shouldn’t be in the hands of so few.
Imagine life was a game. You lived for 2025 years. You worked 260 days / year. You made the median US salary.
You would need to relive that process 3,145 times to match an Oligarch.
That amount of wealth is unethical while humanity suffers. No one can really fathom “1b dollars.”
Centrists already hated him, and now he said their gods shouldn’t exist.
Oooooh! He said the thing!
Wholly agreed. There are no ethical billionaires. Fight me.
Lmao that’s because we shouldn’t have billionaires
We shouldn’t. And he thinks that too. Cool.
He’s going to be assassinated, isn’t he?
Mossad, Maga fascists, NYPD, All the billionaires all gonna be chomping at the bit to kill this guy to set an example.
He’s right. Let’s see if people could live off 999 million in assets.
I agree there is no reason why an individual should have that much economic power. There is no justification for that amount of wealth in so few hands.