Why billionaires should be ILLEGAL

[@NotADuncon]

Funny thing is people will call this communism but they clearly didn't read Adam Smith, the founder of capitalism who thought the role of government was to keep markets healthy which meant making sure there is enough competition and no monopolies or too much concentration of capital. The guy was very worried too much capital concentration will make rich people control politics

[@amossypile7665]

The confusion between capitalism and its demented cousin corporatism is understandable but still annoying.

[@We1rdHaTguY]

@@amossypile7665 Your comment is far more annoying dude. No one cares.

[@amossypile7665]

@@We1rdHaTguY lol putz

[@raphaeli.5649]

@@We1rdHaTguY What you're describing is called having zero curiosity and a brain void of any thought.

[@We1rdHaTguY]

@@raphaeli.5649 Oooo good one, how original. Lmao. Bro you're so dense, not even light can escape you.

[@AD70003]

Seeing this from a third world country where rich is becoming richer and poor is becoming poorer . The richest guy in my country has 110 billion dollars but average salary is just 300 dollars per month 😅 . Such a cruel world .

[@theblueprint9771]

Are you from India?

[@candicesmith5985]

@@AD70003 If they were good people or had any human compassion they would help thy fellow citizens and want to help their country, be ever popular with the people for ending poverty and boosting their economy it would actually be the best thing they could do, 256Billion for one person is ridiculous they should be ashamed of themselves for not helping.

[@schadowizationproductions6205]

Billionaires should not be illegal, they should be impossible.

[@johnwick6831]

Still dreaming? 💤💤

[@Gingersnaps_the_pumpkin_kitty]

We can do both. Set a tax that targets wealth over a certain amount that acts as an upper limit while improving labor rights and use thoss taxes to fund public services like healthcare or UBI.

[@Trezzyleft]

@Gingersnaps_the_pumpkin_kitty They'd just go to a country where they dont have to pay as much taxes, because we're all greedy​

[@schadowizationproductions6205]

@@Gingersnaps_the_pumpkin_kitty What I mean by impossible is that it should not be possible for billions of whatever currency to go to a single person in the first place. There should be no billionaire-creating distribution before the redistribution through taxes. Taxes are useful for creating demand for a currency, influencing buying habits and controlling the amount of money in the economy. It should not be necessary to use them for redistribution or even state financing.

[@ChristopherDwiggins]

Or yall can just demand ur institutions make them accountable for crimes. No this idea is much better😂 So, who gets to say what's the limit? The next person in power? Then the next? You all are the type to complain about late stage capitalism as well while not bothering to say anything about the destruction and bypassing of monopoly laws completely undermining a capitalist society. No, yall have fought a war of attrition on corruption because we forgot why we were ever fighting. Yall just targeting the only people who will have enough singular power to fight these crime syndicates who are coraling yall for the government without their knowledge. Then, when they take life insurance policies out on the people, yall worth more gone than productive. Our government is a business. Our competence has bn destroyed due to the opiate wars. This government will turn you as a profit one way or another. Even if it means grinding your bones to make their bread in a literal sense. We'll collapse when we don't switch to automated production just because these mafias own greed for drug money, control, and slave crops they all pick put by the American people feeling entitled to do so because they spit on the very God country that gave em the ability. All while the poorest and those crazy enough to fight think the syndicates are watching out for the little man. Y? Because it doesn't matter how someone takes control of the biomaterial, only that they do. This entire thing is the most counter productive option I can think of. How exactly do you plan to take their wealth considering most these people are smart enough to already have their own self sustainability outside of what makes them money? No your right we can l8bby n complain until we fight violently about anothers collective pile of debt bonds. Not even real monitary finances but debt letters. So then all the incredibly rich can use advanced tech, go into nuclear shelters n rid themselves of most the troublesome garbage to replace them with robots. Or maybe we'll get one n then for several hundred years the rest of growing world will remember whst the people did n have no business or wealth brought here. Then you can enjoy sitting n playing in dirt while bombs wreck your families but hey I bet you'll feel good lighting the Rockefeller buildings on fire. Its not like most are old and needing to be replaced anyway. Seems like a good excuse to have taxpayers replace them after burning them. But it's cool ur neighbors will thank you afterward when an 18 mo th food shortage comes n we go back to tying women to trees and cutting their breast's off for food. Ever considered protecting a weaker you love from a stronger group that wants to literally use them for food? Go look up Russian cannibal island then start talking about this. Wanna make things even? Get people things at low cost to yourself or no cost. Help them with food shelter and water. I highly doubt creating a war against the people who have the most power in a system we all have decided to follow is a bad idea.

[@spherexxx44]

It's crazy that people don't understand a simple concept, in order for a few to be super rich billions have to be poor, basically they're just taking your money.

[@MutantNinjaDonut]

Well the billionaires aren’t working hard for that money, they have everyone else work hard and then simply take the money.

[@Fire.thewoke]

You know it's not that simple - but the Socialist has to try and make it that way, The real goal of Socialism is Communism and Tyrannical control by the Elites of the population.

[@ccgm-harpy]

"If a monkey hoarded more bananas than it could eat, while most of the other monkeys starved, scientists would study that monkey to figure out what the heck was wrong with it. When humans do it, we put them on the cover of Forbes." - Nathalie Robin Justice

[@yutahkotomi1195]

It sounds like a nice quote, but I wouldn't put much stock in it. I don't really believe that to be true. Monkies have hierarchies and killing other monkeys isn't uncommon. I agree with the principle, but it's a really poor analogy.

[@kevinhank17]

Yeah that's always been a stupid take, if a monkey actually did that everyone would be marveling at how smart that monkey is who can understand the uncertainty of the future and the importance of ensuring one's own survival. Besides, if you actually believed that was a valid take you wouldn't hoard money or things would you? But you do. If you have a single dollar saved then you've just destroyed any argument your trying to make using that dumb quote.

[@rady7273]

​@@kevinhank17One dollar isn't "more than you could ever eat"

[@kevinhank17]

@rady7273 well I wouldn't eat a dollar, so not sure what your point is. Try harder.

[@ccgm-harpy]

@@kevinhank17 My guy, you understand it's a survival strategy to take care of eachother, right? Ever hear of a species collaborating? Ever hear of them working together? It's almost like evolution selects for it and it increases your chances of reproduction. Who are you going to reproduce with when everyone else is dead? "If you have a single dollar saved then you've just destroyed any argument" That's the dumbest thing I've read online in a very long time. I honest to god am speechless. Sharing doesn't mean "donate everything you have", you know that. Ah yes, let me share some money with this homeless guy, I'll just give him everything I own and will ever own. Get a grip and think about the words that leave your mouth. Completely shocking.

[@candacemattila2333]

In the U.S. we used to have a mechanism to curb extreme wealth. It was the marginal tax rate set between 70-90%. There were no starving millionaires or billionaires from 1944-1963, and the country experienced the greatset financial flourishing in it's existence. The modest proposal to have a 50% marginal tax rate on wealth above $10,000,000 could fund much needed universal healthcare. And save the lives of CEOs.

[@tw8464]

You're absolutely right

[@andresgarciacastro1783]

The extractive elites will never allow it.

[@sennaha]

Unitl it doesn't.

[@tadmarshall2739]

Nations with higher reported happiness tend to be the nations that are more equal in income and wealth, and vice versa. I don't know in which direction the causality runs or if there is some different common cause, but this seems worth keeping in mind. Also, countries with more equal wealth distributions tend to have higher overall growth rates, so extreme inequality is sort of a tax on everyone.

[@mohammedafaounoddenahmed9743]

Love when I see people who can’t even pay their rent defend billionaires and their practices. You are the best pawn anyone can get

[@stevemiller4494]

For real..

[@undead_corsair]

Willing slaves to the corpos

[@shina8767]

Agree.

[@SquirrelHill]

J.K. Rowling became a billionaire because huge numbers of people chose to buy her Harry Potter books and movie tickets. Why does that bother you?

[@BocchiSite]

​@@SquirrelHillsome people do say the book copied The worst witch. Also J.K Rowling is a horrible person

[@adui_yako]

I find it funny that people will defend millionaires and billionaires, but when you talk about raising wages for service workers and suddenly, they say, "They don't deserve that much money."

[@udderstuff5554]

​@jimmydean1831 alot of words to just reaffirm the original comment....

[@likereyest7763]

@@jimmydean1831the exact reason why op made this comment, truly astonishing to see the dk effect in play.

[@grain3880]

@@jimmydean1831wow, you proved their point. Amazing.

[@frankbedwelljames4596]

I don't think we have the authority to say what people deserve. Unless we are talking about morality then we can make judgements about someone's actions based on a standard. When it comes to success and money, life goes well for some, life is hard for others 🤷🏻‍♂️. It is true that some millionaires didn't start from zero and were given a lot. But somebody had to work for it. One day I'll have children and I wouldn't want someone saying "hey your kid doesn't deserve those 20 bucks because he didn't work for it."

[@MissMoontree]

Imo, millionaires in this economy, reasonable. Not saying millions a year, but imagine having one house... In my country you'd soon be close to having a million when you have one, and you need a roof over your head. That being said, minimum wage workers are often worth more for what they deliver than multi millionaires. And most certainly more than billionaires, who always extract too much from the system.

[@mrman991]

the fundimental flaw you missed in the first few min is that once people hit a certain amount of wealth, it's not about "enough", the wealth becomes a highscore.

[@TheMarketExit]

I believe you're right.

[@keplersiguineau]

@@mrman991 that’s a great point. Olympians train to set the best record in the respective sport. Same for competitive capitalists. Olympians increase their medal count and capitalists increase their wealth count. Do you think it’s moral and logical to let olympians to do their best to beat records even though some people don’t have 1) the desire to compete 2) the training required 3) born without legs ? My understanding of your comment is that this it’s wrong for capitalist to see their wealth as a highscore, how so? Ps. John D. Rockefeller’s highscore still has not been broken.

[@lionke4990]

If an olympian gets a medal, there are no negative effects on anyone. Thats different with money as this video explains very well. And I don't think its not moral, because the system allows it, so nobody can be blamed to use this opportunity. But thats why it should be illegal

[@keplersiguineau]

@@lionke4990 if the Olympians wins, their competitors lost. All the time and money invested gone. Money is a little different. Amazon can kill small retail stores. Like the Olympian winning their respective sport. Amazon does not stop people from accumulating wealth in different ways. The best archer is not going to stop the best sprinter from winning

[@BalaenicepsRex3]

@@keplersiguineau The difference is your athletic performance is not boosted by other people's work whose livelihoods depend on how much you decide to give them back after you win.

[@Robert_McGarry_Poems]

I'm American. I'm bankrupt due to health. I have no income because I'm not technically disabled, even though I can't work. How much is enough??? Can I please get my chronic pain taken care of? Please!!! That would be enough, thank you.

[@rampaginwalrus]

Pro-capitalists: "Humans are commodities. If you can't sell your time, then you don't deserve to live."

[@calysagora3615]

Just move to a sane country and pay for affordable excellent PRIVATE care, (like I did) and stop hallucinating that your slave-owners in the land of the fee, home of the slave, are going to do anything for you that a farmer would not do for his cows. You live on the Jones Plantation. You should leave.

[@Username18981]

Sorry, tax money goes to bombs and foreign wars. Not the sick or in real need.

[@salicaguillotines]

@@Robert_McGarry_Poems pain is a disability. I'm sorry it's not being recognized as the handicap it is.

[@rockonmadonna]

Sadly, all you can do is get an attorney who fights for SSDI, which is often only around a thousand per month, and ask the judge to backdate it to the app date so your 2.5 year wait for Medicare will be over be the time your case goes to court. Apply now. In the long term, the politics of medicine is really cracking down on palliative pain care. If you don’t have a family member to with you to test off-label things, you may have to go to a major university hospital to see a palliative doc about installing a tiny opioid dose pain pump into your spinal fluid. If nothing works enough to get you up and moving, you at have to use SSDI back payment to go to Switzerland for physician-assisted suicide since the USA doesn’t even guarantee abortion even for a deformed fetus after six weeks in all states and will never have euthanasia in our lifetime except for patients in the final months of cancer anyhow so it spares them the stage when morphine doesn’t help when the cancer eats them during the last week or so…. America is the worst advanced country to be in if you have chronic pain, even worse than Canada, which is saying something! Good luck getting out of pain and into peace!

[@redhidinghood9337]

I mean just look at how most companies are organized - they're limited liability. So the owners can't lose more than they initially invested, but on the other hand, the gains they can reap are unlimited and scale as a percentage of ownership. That's a literal scam.

[@tw8464]

@redhidinghood9337 yeah it's all set up in favor of business owners and all set up against people who work for wages. If you work for wages, everything shouldn't be set up against you. The decent people who go to work every day work hard it's all set up against them to force millions to be constantly just working themselves into poverty. That's what is so dangerous to society because this "system" has been in power since the "trickle down" "greed is good" 1980s. It's turned into an oligarchy

[@mikebronicki8264]

I read this recently somewhere: "If we eat just one billionaire, the rest will take notice and get back in line."

[@rickagfoster]

@@mikebronicki8264 you mean “steal from”. These words are eloquently worded hate speech. Isn’t the left’s answer to that to throw you in jail?

[@mikolowiskamikolowiska4993]

Or they'll leave and take their jobs with them while you turn into Venezuela

[@mikebronicki8264]

@@mikolowiskamikolowiska4993 sure, because it is easy to move and find another country with the size of the US economy. (And the stability that comes with 2 oceans and the world's largest navy.)

[@lady_deaths_head]

​@@mikolowiskamikolowiska4993 I'm gonna become a country? Wow that's crazy

[@TactfulWaggle]

@@mikolowiskamikolowiska4993 good let them leave, now there will be opportunities for new businesses and more equality

[@Aios_Blaise]

@1:24 The limit should be 999 million, and then you get a trophy that says: You won capitalism 🎉.

[@Aios_Blaise]

Also, in my opinion, a million dollars (adjusted for inflation) should be enough per person.

[@Ilikefire2793]

@@Aios_Blaise 32 bit integer limit. 2,147,483,647 is your highest amount before its automatically negative and it will go down to zero.

[@Aios_Blaise]

@@Ilikefire2793 i like the part where it goes to the negative 🧐

[@PabloGonzalez-hv3td]

@@Aios_Blaise That's 50K a year for 20 years. Better make it last.

[@Aios_Blaise]

@@PabloGonzalez-hv3td in a T-bill at 2.5% you get 25k a year indefinitely. This off course, taking an average interest rate. 25k a year in a state of perpetuity (kind of). You could just support an endeavour. Another job. Is not meant to make you rich. I said it should be enough. If 25k is not enough, then double it. Make it 2 million into T-bills. The point is, it's not unreasonable or unbearable for the economy.

[@Techno_Bunny433]

My salary gets taxed to oblivion but there are people who can buy countries and they don't get taxed....makes sense. Love the world we live in

[@simonbomgaars7867]

Like who?

[@nextworld9176]

@ All coporations and billionaires. Their taxes used to fund 40 percent of the government's outlays. Today, corporate taxes fund less than 10 pct of govt outlays. The burden has shifted to the common man.

[@OutpostMJ]

Luigi Mangiones of the world: your work is cut out for you.

[@a31-hq1jk]

We are going back to feudalism. Our employers own half of our waking hours, a quarter is owned by our landlords and the other to huge supermarket chains. And we are LIVING less and less. And this is truly even in rich and poor countries. It's truly sad.

[@BramSLI1]

@@a31-hq1jk Capitalism is just neo-feudalism.

[@enotbegemot1240]

@@a31-hq1jk Well, you could not leave your feudal at will. But you can change the employer, or become self-employed or hire people or invest.

[@a31-hq1jk]

@enotbegemot1240 let's all be self employed and change jobs all the time because it's so easy

[@BramSLI1]

@@a31-hq1jk they make it sound so easy, don't they.

[@starcobra2575]

@@enotbegemot1240 A lot of feudal peasants could actually move and were paid to do so, feudal lords would offer benefits to attract migrant peasants but later chip down on those benefits as they settled. Heavily depends on region, time & circumstance.

[@blondbraid7986]

I remember seeing a video on a rescued puppy being petted for the first time; at first it was screaming in panic because it had never felt a loving touch before, only abuse, but as soon as it realized what was actually going on, it loved it. I was reminded of this because it's probably how most americans would react to nordic model social democracy.

[@rutessian]

You appear to embody the blonde stereotype. Just because something works in some countries for a while, doesn't mean it'll work everywhere forever.

[@jamesgravil9162]

@@rutessian "Just because something works in some countries for a while, doesn't mean it'll work everywhere forever." Funny, that's the exact _opposite_ of the argument the US uses to justify spreading its ideology abroad. "Democracy works in the US so let's spread it to the Middle East." "Capitalism is the only way forward because it works so wonderfully here."

[@gravity_mxk5663]

You’d think leather would be America’s national dish considering how much bootlicking is going on in this comment section

[@martins-tl9bu]

Must be bots I dont understand why a normal person would be defending them so hard otherwise There are no ethical billionairs

[@5411-rh4xb]

Yeah

[@TheMarketExit]

😅

[@Kenshiroit]

@@martins-tl9bu bots, yeah all the billionaire haters 😄we actually know stuff, you know we went to school. As opposed to idiots like you that are still at Mickey Mouse level . Grow up read some books take a degree or two in economics then we can talk

[@luongmaihunggia]

LOL, good one

[@Hamradiofromabalcony-fw6xe]

The problem with extremely rich people, it is money taken away from global economy. It could be used for better things than one man's pocket

[@buddha6659]

It's still part of the economy as stock. It's more than just cash in a vault. These stocks must sit where they are because if they don't they'd destroy the stock values of companies they're a part of and negatively impact the economy.

[@RandomLucker]

Often the money of rich people sits in luxury property in the middle of an expansive city center and is rarely used. If many rich people do the same (and they do) it gets even more expensive. Also the propertys around get more expensive and so on... i think you got the point. Now "normal" people get in comparison even poorer ... because they are unable to buy a property near there work and need a far distance transportation system. If you are not lucky enough to live in a city with a good and well priced public transportation system u need very much money (car) to get to work and even if there is a good public transport it costs u time for the same work/money to make.

[@saddleyouruniverse]

Extreme wealth is obscene, but extreme wealthy individuals preaching how to solve societal problems even more so.

[@calysagora3615]

Why? They are simply great at managing resources, which is why they are rich. They are the best suited to manage that money, obviously. Poor people are poor because they suck at managing resources.

[@AzucenahVillarroel]

@@saddleyouruniverse if we are so passive, asleep and uninformed then it happens

[@ytmld]

@@calysagora3615 most billionaires attribute their wealth to just getting lucky with a terribly average idea while already having a shit ton of money from their parents. Not to mention maintaining that wealth is simply just fucking everyone over who gets in your way. no billionaire is particularly good at their jobs compared to the average person. take elon musk, bill gates, bernard arnault, all of which came from immense wealth and got lucky with their surroundings. by your logic, a guy who manages inventory at a store should be richer than all of the names just listed but that simply just is not the case. quit bootlicking the 1% that couldn't give less of a fuck about you

[@stiken4421]

@@calysagora3615 if you have me barely enough resources to survive for longer period you easily aquire master skills at managing resources. "[extreme wealthy individuals] are the best suited to manage that money, obviously." - that is bs. Learn how wealthy aquire theit wealth - it is not by skill

[@sg9524]

They are in a great position to do something about it, especially now. Let's get them to put some of their more suitable ideas actually into action. Also, make it illegal soon to have so much money generation, divert these funds to suitable, well-thought out activities that benefit society and the world. Lastly, just because they have extreme money, does NOT mean they are a better person on average than anyone poorer. The higher the rewards in business, the higher the competition, and this tends to lead to some being more tempted to act unethically. This ruthless culture slows progress, and can damage the plant/society. We must therefor carefully change society to cap extreme wealth, and reward those people and institutions that actually benefit humanity and the environment. Stop blindly enabling psycho behaviour and following corporate drone-culture and realise most of us (not the psychos) are more powerful together, and this can start with feeling better!

[@andreaguarriero9194]

“He who knows he has enough is rich” Lao Tzu I’m printing it and putting on a wall at my place ❤

[@TheMarketExit]

It's powerful, indeed! Thank you!

[@strikertedits]

@@andreaguarriero9194 rich doesn't mean smart, He who makes sure his family and the rest of his lineage is financially secure is rich AND smart

[@Mikkerd12]

I was opposed to a limit but the idea of a max based on the lowest earning would be great. Say a CEO can't make more than 10x the lowest paid employee. Than these people are motivated to increase earnings for those who need it most so that they can increase their own earnings.

[@aaronjjacques]

How do you want to count that because forcing all employee to take 90% of their pay in stock that they can't sell would do that. Can you live on 10% of your pay?

[@Mikkerd12]

​@aaronjjacques idk man it's just a concept. Perhaps do not allow the stock value to exceed 10× lowest paid employee salary at the time of payment. Even still if a company you own 1% of grows to be a trillion dollar company you would still become a billionaire ​@@aaronjjacques

[@aaronjjacques]

@Mikkerd12 or people can choose to get paid the same way as ceo by maxing out their employee match rather then expecting the beurocracy to fix the prolem for them.

[@Mikkerd12]

​@@aaronjjacques an employee match isn't a thing everywhere. I 100% agree people should fix their own finances tho because most people would still be poor if they made 10x what they make now. They would just be living paycheck to paycheck in a sportscar. It is almost always their own fault when "the month is to long"

[@aaronjjacques]

@Mikkerd12 97.5% of the publically traded company have at least an employee match. It is an easy way for a company to reduce expenses by just writing options (which strike when the vesting period ends). If you are in 2.5% oh the horror, you invest at the same rate as retail instead of the 2:1 ratio.

[@Mr11ESSE111]

billionaires dont pay taxes ,they take money out of taxes which are filled by low-midd class

[@cougarbait5563]

ie Teslas earnings reports awhile back only revenue was from selling “energy[carbon]” credits to other companies…

[@Mr11ESSE111]

@cougarbait5563 Musk are big asshole too

[@gregdemeterband]

the corrupt Elites, got their wealth by being corrupt from day one! just like Drug Dealers! Or Hit Men!

[@destinypuzzanghera3087]

Bernie Sanders has been saying this for 30 years but nobody’s listening. It’s frustrating.

[@atharvalakhamade2126]

All invalid points - >Point 1.Says stats are wrong on assumtion. point 2 is Extreme wealth has nothing to do with Extreme poverty. you can not elevate people with handing out money who have poor financial habits.Yes extreme wealth can turn into politics obviously but you dont like it because its not your favorite poplitical party. Lets mention billionaires who affect politics who are democratic. there are many. Point 3: There Always will be Inequality because There is inequality in skills,minds,capabilities that benifit more or less to society. What should we do faults : Why should we limit how much someone can earn ? why is it to the rich only ? isnt that Inequality in in itself. why not you? your wealth can also lift up at least one person or more ? are you willing to give up half of your house so some one can have equal house as you?

[@ColonelJames]

Bernie Sanders the millionaire?

[@bukusaku210]

​@atharvalakhamade2126 brother what are you saying? it makes no sense

[@jakobc.2558]

Sadly these amazing ideas are completely unrepresented in politics and the media. Probably because the rich own both.

[@mattfisher4798]

No probably about it.

[@keplersiguineau]

There's something interesting about what you said. The rich simply own it. A few people. What about the majority of people that consume and create the media? Do they get a free pass and only the CEOs are to blame? If someone tells you to kill someone else, are you removed from all responsibility?

[@Jesse_359]

This is 1000% why. They make all our livelihoods - particularly those of the politicians and media - dependent on defending their story of wealth so that no-one can openly challenge it, no matter how absurd it becomes.

[@DLarus08]

How the hell do people still believe in "one day Ill be as rich as them" while some people in 1930s knew it to be a fraud and a scam

[@sl_aragornl8768]

What are you on about?

[@shadowmancer99]

Depends on who the THEM is....I worked my way into the top 15-10% overall. That seems pretty rich to me. Could have and could still do more...but you know what is REALLY rich? Knowing that at any pt, I can just decide to NOT work....and be perfectly fine for the rest of my life. So its not a scam, its about choices.

[@TheAsianRepublican]

And yet you are 100x richer now than the richest person in the 1930's. You got a fancier cellphone, laptop, fancier toilet, heating, variety of food, refrigerator, fancier vacations, etc. Why is that?

[@tw8464]

@DLarus08 this! Thank you for saying the people in the Depression era understood what oligarchy does to destroy society. Unfortunately some let themselves get manipulated by the aristocracy turned to fascism an even worse form of oligarchy

[@konyvnyelv.]

It's possible to be as rich as them

[@FunBee888]

Obscene wealth. There must be a LIMIT. Let's start with a 1 billion cap.

[@been_a_bean]

Anyone here defending millionaires but not a millionaire themselves - know that you are getting taxed more on your hard earned income than they are getting taxed just through owning assets and owning money.

[@roscojenkins7451]

Anybody can become a millionaire with hard work, determination, and mostly luck. But the only way to become a Billionaire is by leeching wealth from the poor through means at your disposal. High predatory fees and interest rates, sweat shops in foreign countries, wage theft, "political donations", cost cutting by destroying communities and environments and entire ecosystems... THAT is why billionaires are the problem and not necessarily millionaires

[@gnosis33-real]

Anyone can own assets and be taxed less...I do...and I'm not yet a millionaire.

[@DanteLane-g8h]

@@been_a_bean we get taxed 20%millionaires get taxed 40% so your wrong

[@DanteLane-g8h]

@@gnosis33-real it takes you,a gnostic to explain this

[@henkdeboer6959]

@@been_a_bean They do get taxed the same.

[@flaka3325]

It’s so crazy seeing some people who will never in their life ever come close to touch this kind of money and really deeply suffer from this fighting for billionaires. Y’all really love the idea of being absolutely brainwashed and cutting your own leg off.

[@tomomihisaya]

I think it’s because they also want to be rich and see themselves as billionaires and millionaires one day. So they don’t want to implement barriers that will make it harder for them.

[@jenny_ash]

The problem with money is, that there is a point where you only can get richer, if you exploit human beings, animals and the evironment. This point is where we should set the line.

[@simonbomgaars7867]

No

[@el-gamer2773]

If you have that much money that you can do virtually anything, you should first contribute to solving the worlds problems etc. then you can get richer as you of course still earn your own money

[@shadowmancer99]

Nope. Disagree. Taylor swift is not exploiting anyone and she is a billionaire. May high end athletes only explot their own bodies, such as football, and make millions or hundred of millions. Again, not oppressing anyone just make the most of their hard work. Three are bad actors sure, but the mere existance of someone who makes a lot of money does NOT make them exploitive....you need more than that to make that claim.

[@el-gamer2773]

@ not everyone exploits and there are surely people who worked hard for the money but money still needs to be valued and you still need to have morals, it’s laughable how much co2 Taylor emmitted with her jet flights

[@ogata100nosuke]

Average business man with cluster b personality disorders

[@Jontheinternet]

Being that rich is a measure of how well you exploit others and lacks the fundamentals of love.

[@KOZMOuvBORG]

”The rich are always engaged in trying to prove selfishness is a virtue”. - Sir Ernest John Pickstone Benn

[@Gooner9-11]

I hate the rich LARPERs in the comments more than the rich themselves. These people genuinely believe they can be the next Elon Musk

[@TheBonsaiGarden]

Nobody becomes a billionaire without exploiting the work and effort of others. So why not share the wealth with those who put you there? This is about GREED and selfishness, not sharing the proceeds with others - after all a rising tide lifts ALL boats. It is utterly obscene for one person to amass such an enormous personal wealth while others cannot house or feed themselves. These are the people who, given the choice of taking a $100 million bonus, or giving every employee $1000, shrug and take the bonus for themselves.

[@Gooner9-11]

I live in Austin Texas, i used to not understand why people hate landlords so much, until these millionaires realtors & house flippers start entering my neighborhood, the price of home in my neighbor skyrocketed, rich people start buying properties and leaving the house empty. Now people from my childhood can't even buy the same land we grew up in. Houseflippers are not human, they don't bring any value to society.

[@TheBerserk69]

So many temporarily poor billionaires in the comments. No counter arguments just salt, rage and "FrEEdoM" for some reason? Lol calm guys, billionaires won't pay any attention to your bootlicking and no you won't join them no matter how much you sigma grind.

[@babygrill01]

You mispelled freedumb

[@coolioso808]

Yep, accurate observation and analysis to many of the comments here defending capitalism and extreme wealth hoarders. That's the other sad thing that capitalist society produces: Brainwashed masses who repeat programmed status-quo defending propaganda, with no real facts or arguments to back it up. They would collapse with any bit of scrutiny or questioning. So it is best to ignore them. They won't be helping. They will be yelling in the basement and hitting their head against the wall. Poor them. Be on the system change side of things with people who believe in it, because it is more invigorating. Check out One Small Town initiative, Zeitgeist Movement, Moneyless Society and World Beyond Capitalism for more.

[@JuhoSprite]

Free doom

[@X3n0nLP]

"Freedom"???? Billionares are directly responsible for limiting the freedom of the working class!

[@shanecampbell288]

Here’s a rebuttal. I don’t want a government that pays 90k for a bag of bolts that cost 200 dollars at Home Depot. The government is constantly waisting and pocketing money. You are really advocating for bureaucrats in power over billionaire’s. Both don’t have ur best interest in heart😊

[@rickwhite4137]

People who get rich also get greedy and most of them lose their morality.

[@Freya-OwO]

This 💯

[@user-wb2hs7mq4j]

A billionaire prevents a thousand millionaires from putting that money to work.

[@Slider68]

One thing that bothers me about the rich is they take huge amounts of income away from workers. Look at Elon and Tesla for example. Elon's annual compensation has recently been around $45,000,000,000 from Tesla. At the same time ALL Tesla employees combined get $11,000,000,000 and each worker gets no more than $40,000 to $200,000. Why should one man take 4x more of a companies profits than every worker combined. Consider Elon is not alone. Most companies have the CEO and owners getting the gross majority of the profits. Back in the 60's and 70's the CEOs and owners only got about 20x to 100x more than the average worker. Now CEOs and owners often get up to 50,000,000x more than workers. Keep in mind if Elon's wealth was distributed amongst every US worker at his companies, each worker in the US would get well over $1,000,000 (one million dollars each). It is insane for one man to be that wealthy and to take such an enormous percentage of company profits! This reduction of income for the middle class is making it much more difficult for workers to afford what they need compared to the 60's and 70's. My father in 1970 earned $30,000 per year as a young engineer and he bought his current house for $32,000. With only his single income he paid off the house in 5 years while buying 2 new cars for $2500 and $3000, furnishing his house with new everything, traveling around the world on annual vacations, etc. Today, his same house is worth $1,000,000 and a young engineer earns about $60,000. The reduction in value of workers pay is insane. Today a similar car to what my father bought costs $50,000 or almost the entire annual salary. This is not sustainable. If more and more of company profits continue to go to the owners and CEOs, pay will not be enough for any worker to be able to afford to live in a house. What we need are government policies like what were in place in the 1935 to 1970 time where income and capital gains above $3,000,000 to $10,000,000 was taxed at well over 90% and corporate profits were taxed at 55% to 70%. That is the biggest reason inequality dropped between 1930 until 1970. Keep in mind corporate profits are after corporate expenses, like employee pay and corporate R&D are subtracted from corporate revenue. Companies don't suffer from high marginal taxes, only the rich suffer by their income being limited. Note I am not suggesting owners and CEOs not get more than workers, just that government tax policy should limit it to something like 100x more than well paid workers. The current policy of unlimited pay for owners and CEOs is insane.

[@staceyhamilton3982]

You have discovered the real problem, you are just wrong about what it is. The actual issue is the inflation in prices far above the average salaries in the US. And the reason for this is because the US is full of materialistic narcissists that don't care about how much something costs, they just have to have 'X' product to be socially validated. So companies can charge pretty much whatever they want for shitty products because they know the average US consumer will buy it anyway. Years ago, RCA TV's were renowned for their durability. Personally I had one that survived a house fire and falling on my head while still working just fine. Now you go buy a TV and breath on it wrong and it breaks. And there is a name for this. It's called 'planned obsolescence'. And the only people to blame is the US consumer. We have brought this hellscape upon ourselves with our insatiable appetite for substandard, shiny products that are no where near worth what we pay for them

[@vitoremanuel4292]

We actually need a new form of society. The humanity already have the ability and technology to feed everyone on earth for decades, the only reason that actually don't happens is because is not lucrative for companies. I live in Brazil, I decided not to be a scientist because there is no investment for that (I could end up homeless if I did it here). The biggest companies are agricultural and they put pressure on the government to keep the country deindustrialized, they don't want to lose their monopoly.

[@CarnerioTostado]

​@@vitoremanuel4292 Brazilian here as well and yeah, the economic model of the country is basically run by the interests of big agriculture companies and there's nothing we can do. They made many previous governments subsidies that went to industry and research in other areas so agriculture would mantain the hegemony in the country.

[@Slider68]

@staceyhamilton3982 You are essentially saying the same thing as me. Yes, I fully agree that salaries have not kept up with prices. One interesting statistic is that if you look at total or average compensation for everyone, including the top 1%, it has perfectly kept up with how prices and the costs of living have increased. Think about how that is possible. How can average or total compensation have kept up with the costs of living, yet typical middle and low income earners now have approximately 1/10th the buying power they did in 1970? The reason for this discrepancy is that top earner compensation has increased by 10,000 to 100,000 times what they earned back then, yet regular worker income has only roughly doubled. Since on a dollar basis costs of living have gone up by about 20x what they were in 1970, it is now roughly 10x harder for workers to afford things like a home, a vehicle, etc. At the same time, if you are in the top 1% of earners, your buying power has increased by as much as 5,000x. In general, companies selling products & services make a significant, but limited operating income excluding labor. How that income is split up between workers, the executive and stock holders matters. There is only so much available money, so if the rich get 90% of it, there is much less available to go to the workers. The majority of people think it doesn't matter how much more billionaires take year after year, but it really does matter. If everyone understood this, they would start to understand why it is so important for governments to set target levels of inequality and to instil policies that control this inequality. Pure, unregulated capitalism behaves like it does in the game of monopoly. Over time, there will be winners who own everything and everyone else, the workers, become the loosers.

[@Slider68]

Many people, myself included previously, believe that pure capitalism will self regulate and provide prosperity for everyone willing to work hard. Unfortunately, in reality, free, unregulated capitalism only works well for somewhere around 30 years following some sort of "reset" (like a great depression, or societal monetary collapse, or start of a new country). After that, inequality becomes an ever increasing problem. In my work, we've run many simulations, looking at free capitalism and how it works. The reality is it doesn't work long term...

[@tiruliru]

It is funny how people with so little can defend people with so much....

[@LlenadeMalo]

It’s really insane. The boot licking is beyond anything. No one should be able to amass that much wealth. That wealth is immoral and never made ethically. The influence that it causes is also immoral. Wealth does not equal speech.

[@enotbegemot1240]

It is npt about having something. It is about keeping what you really deserve and generated.

[@enotbegemot1240]

​@@LlenadeMalowealth is moral.

[@tolmir2929]

@@enotbegemot1240 Meritocratie is a lie, most people in the top 1000 of the richest people on earth were born in very rich family, you should not deserve more because of your birth. Another exemple is that the majority of people that actually matters to the world like nobel prizes, top scientists, physicists, mathematician etc... are far from rich. The richest people on earth are shareowners who barely work, they do not create anything, they pay competent people to create things for them and at really low wages compared to how much their work benefit the company . The worst is that people like you are mostly poor, nepo babies do not waste their time making comments on the web, and yet you defend the rich as if you were actually benefiting from them being rich which is insane. Sometime I actually wonder how the average person view the world, it's like they are unable to form coherent thoughts so they end up unable to defend their own interests.

[@enotbegemot1240]

@tolmir2929 Actually, children are entitled to their parents' money. Why don't they deserve it? Because it is not in your interests? Each generation is trying to pass the results of their work to the next one. And it is okay. You are trying to sell your interests as some justice or fairness. It is not okay.

[@TravelWithLeo2024]

Never in human history have so many been oppressed by so few...

[@richardcheek2432]

Can you show me specifically where Bill Gates has hurt you?

[@jonathanrossddsmhs1271]

Elon could spend $42,000 an hour (more than the average human makes in a year!) and it would still take him over 600 years to spend all his money.

[@Gooner9-11]

Pelosi could buy houses all around the world every week until she dies and she still wouldn't ran out of money.

[@oxfordsculler8013]

Most of the problem is "unaffordable housing". This drives the need for income to pay mortgages or rent. This traps people in a lifetime of debt hence the desire for one million to pay for a home and some cash left over to live on.

[@TheMarketExit]

Good point! How do we change that?

[@opiniwise]

By taxing the rich 🤑 ​@@TheMarketExit

[@YangChuan2001]

@@TheMarketExit Getting rid of the state's regulations on zoning laws??? Btw, homeownership today is as high as in the 1960s. It has really not changed that much. The overall standard of living is also up. Consumption based poverty has decreased from ~30% in the 1980s to ~6% today, and people work far less for far more access to goods and services than ever. Your entire video entirely ignores the actual problems here, and that is statist interventionism in the economy, not muh billionaires. Billionaires are entirely irrelevant; if anything, they are just a result of the FEDs power expansion during the Nixon years with the abolishment of the gold standard. Of course, when you abolish the only thing that keeps the USD valuable and grant the FED full power to increase the money supply, that's what will happen. They expended the money supply by purchasing securities from large banks, those banks used the money for lending, and those with high credit scores (large corporations and billionaires) borrowed the money. Effectively redistributing the purchasing power from the majority to the minority of super wealthy individuals. Make a cap on wealth, and then what??? Where is that supposed to go? Are companies just not allowed to grow anymore? Are you forced to sell your assets, and the money is taken away from you by an inefficient state that will waste it more than anybody could possibly do? That's an insane idea. There's nothing evil or wrong about having a large portion of wealth (i.e owning shares of companies) - it's precisely what contributes to economic growth. Yes, it becomes a problem when the state uses its power to manipulate the market in favor of some, but that's certainly not the markets' fault. At this point, you better lobby the government because otherwise you will be the target of it. We already saw what happens to those billionaires that didn't lobby the government. They get destroyed by it. Many such cases.

[@IgnacioAguilarToledo]

Build more houses then. Let supply meet demand. Problem solved. You limit supply politically, via permits and whatnot, you get artificially low supply. Do you seriously think land owners would not want to take advantage of high prices, i.e. high ROE?

[@RK-cj4oc]

Zoning laws are not the issue. Yhat is just kicking the can down the road. The issue is that housing, wether single family home or appartment buildings should be a place to live. Not an in investment​ for companies. @@YangChuan2001

[@crypticTV]

14:25 He who knows he has enough is rich

[@Summer_Gold]

Yeah... The wealthy could literally buy islands and then there's the poor who are cold and starving because they cannot afford food. The gap is too large and extreme. Nobody should be so rich they can buy an island. And nobody should be so poor they cannot eat. Healthy food and water, and simple clean shelter should be free worldwide. But parenting skills and morality should also be taken more seriously and taught at school.

[@Summer_Gold]

Also... I dont know how we've progressed so much as mankind but healthy food and proper shelter is not free for everyone.... The milestones humanity reached have mostly only benefitted the already rich, and the already gifted/talented. It's very rare that you encounter someone KIND AND HONEST who made it to the top from the very bottom with only pure hard work (without special skills nor money nor tremendous luck). And I dare say, impossible. Without them, only sociopaths, manipulators, cheaters, corruptors, thieves could get out of the gutter.

[@SydneySortsItOut]

The pay teachers more and make class sizes smaller.

[@buckanderson3520]

One thing that keeps people from prospering is lacking a stable foundation on which to build. People who come from a stable home take for granted the confidence it provides in order to be willing or able to take risks in life. When you are certain that failure doesn't mean homeless or destitute it's easy to overlook how much of a psychological advantage it gives you. Having security growing up is a huge advantage developmentally.

[@snaggiz]

Turns out, when you already come from a wealthy family (like most billionaires do) then being successful is easy. You can afford to fail until you get it right. You’re never in any real peril.

[@MrBoom-gd9rc]

I don’t understand why people think that voting conservative would make them richer! They don’t understand that even if they‘re „kind of wealthy“ they still have more in common with to the poor that the rich

[@williamdebordjr.]

I’ve been saying for years that “I have no desire to be rich, I just want to live a comfortable life without extreme debt” I feel like I do that, and I only gross about $65 - $70k a year. The only thing I’m in debt for is my house. In fact medical emergency would be the only thing that could sink me at this point. I really don’t understand the kind of greed that thinks they need all of the world’s money. I mean that literally, it’s not enough to have more money than most entire countries they want all of your money too!! It’s insane to think like this!!

[@keldsleepnot7961]

So you must be American? Because in no other first world country would anyone even consider the idea that healthcare might bankrupt them!

[@thebagel_lord]

​@@keldsleepnot7961 Most people in America are one emergency away from losing all their life savings, it's incredibly depressing

[@calysagora3615]

"I really don’t understand the kind of greed that thinks they need all of the world’s money. I mean that literally, it’s not enough to have more money than most entire countries they want all of your money too!! It’s insane to think like this!!" It would be insane if that's what they did, but they don't. The insane thing is thinking they do. Scrooge Mc Duck is NOT real. Hoarding is NOT how you get rich. Wealthy people DO NOT sit on money or waste it on stupid shit, that's poor people behavior. Leftists really needs to get out of their childish envious toddler attitudes and their cartoonish mythological nonsense about how wealthy people live. You ONLY gross 70K??? FFS, I could live like some filthy rich royalty on that kind of money. Maybe you need to review your living costs.

[@Ptaku93]

$65 - $70k a year is around 8 times I make in a year. It's not a figure you can put "only" in front of

[@bartlx]

@@williamdebordjr. I miss being in the mental state you are in. Although I was born in a poor family I took every opportunity I found to do better, and could've written the same message here as you did 2 decades ago, but then I was crazy enough to go all-in with a business and just in the span of 2 years due to change in regulations and one poor business decision I not only lost everything I had at that point (including my house and girlfriend), I'm still paying a loanshark that appropriated the debt from my Bank.

[@freddiepitts7611]

It is literally impossible to become a billionaire without exploiting thousands of people. Anyone who is in favour of billionaires, is in favour of explotation. Not accepting of exploitation, in favour of it.

[@haroldgarcia9267]

It’s the same with the other systems to be frank 😂 it’s actually worse with other systems

[@LordWaterBottle]

​@@haroldgarcia9267What systems has humanity tried? We've tried the absolute authority of a single man. We've tried the absolute authority of money. What else have we tried?

[@grunklesmuff]

How?

[@kevinhank17]

@LordWaterBottle wow, the ignorance is enormous in you. Fix that or shut up, no one cares about your worthless opinion. Educate yourself and make your opinion worthy of listening too. Like seriously, you think in the hundreds of thousands of years of humanity we've only tried 2 incredibly simple systems of governance? You can't be that dumb.

[@skyberg_______here2796]

Well it's not necessarily illegal in most countries. In most cases the people know they are being exploited but they still do nothing.

[@rickybosephus2036]

If markets were truly free, it would be nearly impossible to become a billionaire. We can get closer to a free market, reduce prices of things like medicine by doing two unpopular things; one, patent reform by either limiting patents to five years, ending method patents altogether or give 5% royalty payments to all patent holders giving access for all. two, eliminate or reduce or eliminate licensure laws for the professions like the medical profession. Two simple reforms that nobody in the USA at least, wants to do but will work.

[@neosandy]

We have a minimum wage. We should have a maximum wage as well. Too many people are in poverty.

[@BlackAndBlueGarage]

There are millionaires that have a smaller income than some people in poverty. This is the issue with that idea I believe. Bills make us poor; if we owned all our cars, homes and had no kids in the house... I'd only need around 25k a year to eat, pay insurance, property taxes and phone bills. I think the most unfair disadvantage against middle and lower class, is the lack of rightful financial education that's been neglected in public schools. Why is it that grown adults find out about investing through a job, and the best option they think they have is a, try not to laugh, traditional 401k 🙄

[@poopoo1533]

​@@BlackAndBlueGarage what do you mean by some millionaires having a smaller income than someone in poverty

[@jakob9911]

​​@@poopoo1533billionaires get their money because they created companies. And they own a big part of the company. All their wealth comes from the money that the company is worth and they might not get that big of a salary.

[@M42-Orion-Nebula]

Creating a maximum wage and redistribution of anything over it does not lift people out of poverty, it will drop more people into poverty. You have no knowledge of economics.

[@Memeiro1336]

Ok ... But who will stay with the money from the millionaires? The government? And even if the poor and other people stay with the money, won't that make people stop working?

[@irichardwilling]

tax these rich people. Tax anything over $15 million

[@donuts44830]

No, take anything over 15 millions.

[@cahorv3]

1 million

[@bluedarkness7125]

@@cahorv3that is not good idea since we need few millions as 7 million to retire very comfortably.

[@vaibhavgore165]

​​@@donuts44830and lets give it to freebies, right ?

[@Lasjah]

My favorite way to put the wealth of some of these people into perspective is if had $100billion and you woke up everyday and threw $1million into a fire pit it would take you 274 years to run out of money assuming you stopped earning anything from day 1. The USA is only 248 years old, so if someone had been burning $1M/day from the inception of the USA they still wouldn't run out of money for another 26 years... Oh, and Elon's estimated worth in this video would take ~687 years to burn through at $1million/day. Makes me nauseous to think about...

[@andresgarciacastro1783]

No, you would never run out of money. If the rate of return is higher than growth, the rich will mathematically and unavoidably own everything eventually.

[@carolquick6463]

I agree 100%, especially since they get wealthier on the backs of all those without a lot of money & conspire to make like as hard as they can for the rest of us instead of trying to make things better.

[@Pbav8tor]

The power that money buys is a HUGE problem. And these are not good humans.

[@shyamsunder3358]

You are a brokies saying like that you are not billionaire so your just jealous

[@herchelleonwood7463]

@@shyamsunder3358 do you have one intelligent thing to say ?

[@yoshikirby101]

​@shyamsunder3358 why defend the ultra rich?

[@mattpunx]

Hard truth is that most people who defend millonaire and billonaires existence is because they hope to become one some day, and they rather have that societal chance to do so, even though most of them will never be, than to live a more balanced life but being limited to reach that level of wealth, power and opulence.

[@brajat5538]

True, Some People can't comprehend wealth.

[@JosefK-ud8io]

I think they defend them because of the percieved glorification and justification of their position, and how much influence they have over their opinions already. But in the case of millionaires, the current policy gives them an easier chance at becoming a billionaire.

[@bluegamer4210]

I wander if bilionares also own media outlits and create products that put these ideas in peoples minds ever since they were yound and thru out their whole life... Nah surely its natrual and not an outcome that those in power wanted to create... RIGHTTTT?????

[@MrTwixraider]

People are dying because they can’t afford healthcare or even food. Many are forced to work two jobs just to survive, while others have so much money they’re launching rockets or themselves into space. The money used for these luxuries could easily fund universal healthcare and fair wages. The world we live in is becoming increasingly unequal, and the extreme concentration of global wealth in the hands of a few will lead us to disaster, as it has done for many civilizations before us. In the past, the wealthy paid taxes as high as 95-99%, especially in the 1960s and 70s. Despite these high taxes, they remained incredibly rich. However, through lobbying, they managed to convince politicians to give them tax breaks, under the false promise that this wealth would benefit ordinary citizens. What we are witnessing now is the opposite: social achievements are being reduced or dismantled because we are told we "can’t afford" them-while the rich keep getting richer. This system pushes the working class into deeper insecurity. Fear of losing their jobs and being unable to support their families keeps people silent and compliant, instead of standing up against this injustice. But this situation only lasts until people rebel, often with severe overreactions that can set the world ablaze. There is only one way to prevent this: the rich must pay higher taxes again, and their wealth must be capped at a reasonable level. The tax revenue should be used to ensure all citizens can live safe and healthy lives. Until then, I’ll keep my pitchfork sharp and ready.

[@PabloGonzalez-hv3td]

@@MrTwixraider Hate to tell yah. If you're American. That military ain't cheap. Billionaires have existed since forever and they didn't pay 99% tax.

[@rickagfoster]

@@MrTwixraider someone’s regurgitation Reich here. Got any ideas of your own? The billionaires left, maybe go visit Monaco and have words with them if you are upset about it.

[@Myke...]

I always find it weird there is a minimum wage but not a maximum?

[@halavich9672]

Sorry to dissapoint you, but those billionare guys did not became rich because of their wage. They didn't receive billions as their sallary, lol

[@iampiyushsingh7544]

Billionaires will actually like to remove both.

[@tomgon3D]

Billionaires are sink holes. Imagine if 99% of what they’re hoarding got released back into the economy. The world would be better off and they’d still be rich.

[@alexisduarte3917]

They are not hoarding cash, for example they could have lots of factories that create jobs. Why would the world become a better place by making billionaires liquidate all their assets and give their money away?

[@rickagfoster]

@@tomgon3D they are “hoarding” capital keep it allocated to production rather than released to compete with your dollars at the grocery store. The left doesn’t understand the concept of inflation.

[@TiberiuMusat]

​@@alexisduarte3917Thank you!! You're absolutely right! This comment section is so clueless!

[@andersnielsen6044]

You say that just because you do not know how market-economy works :D

[@rickagfoster]

@ I think they know but pretend not to… just prefer to have others feed them while they either sit on their ass or go party.

[@josuebasterretxea3923]

In a few words. Tax the rich.

[@anthonynosike]

They already are taxed at higher rates

[@wehonews]

​@@anthonynosikenot as they once were. In America the top earners once paid 90 percent. America flourished despite that.

[@anthonynosike]

@@wehonews ok so they should be taxed more? I mean, idk if thats a solution because with businesses, they have tax loopholes. I dont think government needs more money tbh

[@kevin_andrews735]

@@anthonynosike How do you think roads, bridges, etc are made? How do you think social security, medicare and a lot of society is funded? We could have free post-secondary learning and medicare-for-all. The fact is that the rich pay very little (sometimes nothing at all) since most of their wealth is made from capital gains and not from income, which is easier to evade taxes, because the rich lobbied it to be that way.

[@anthonynosike]

@@kevin_andrews735 I do think there's problem with the system but I dont think more spending is the answer. America spends way more on alot of stuff compared to europe for example, but they are very much more advanced than us. We first have to better utilize the money we do have and become more efficient.

[@fortheloveofmusic860]

Let's start with these rich people pay their fair share (a.k.a. just paying your taxes instead of avoid them) of taxes. And yes, I think higher incomes should pay higher taxes.

[@stkoev81]

Critics of the wealth limit say it would be impossible to enforce. It can be done. Rich people rely on the government to protect their wealth through deeds, titles, accounts, etc. The government can just stop registering and protecting any assets past the limit. Anything above the limit will eventually be redistributed by theft.

[@paulmakinson1965]

I have a shit paid job, drive a 20 year old car, and have to look for discounts and count when I buy groceries because my budget is tight. On the other hand, I have a house worth close to a million Euro that I inherited. When my parents bought it, it was really cheap. If I sell the house, I will have to pay a similar price to get another one. If I move out, I am too far from the job, waste hours, and money on transportation. Am I a millionaire? Doesn't feel like it... Being reasonably wealthy is being able to live comfortably and buy the stuff that you need without counting your pennies. Being excessively wealthy is when you can affect your politics beyond what a regular citizen can. Now, you are not a citizen anymore. You have entered the nobility in a feudal system. You can buy politicians, fund "think tanks" and groom young student lawyers until one or two reach high positions as judges and are indebted to you.

[@JacobGoodman]

I get what you're saying, but coming from someone who inherited literally nothing, your situation sounds extremely privileged. More than a third of my salary goes towards rent, and I'm forced to commute 2.5-3 hours/day because I can't afford anything more than a tiny studio apartment closer to my job. It is almost impossible for me to build up savings in this situation, so that owning a home is not currently feasible even thinking in the long-term. And for the record, I have a PhD and am above the median salary for my country. I would have so much extra time and money in your situation, and could even sell the house and move somewhere that the market isn't so shitty, invest, etc.

[@nataliakovalicheva]

Thank you. You can't measure wealth in 'millions 'of dollars/euro/etc. It's how comfortable and free your life is, do you have a roof over your head and no worries about loosing it, can you travel, can you afford quality food and clothing, can you afford to have a family? Basically, when you have no survival fears.

[@TheAsianRepublican]

Most people are frugal and buy based on price at a Grocery Store, that is Normal.

[@dcktater7847]

Sell it buy a cheap rural house and retire. That's what i'd do.

[@sonicblackhole3559]

There are no ethical billionaires

[@simonbomgaars7867]

Name one non ethical billionaire

[@Jesse_359]

@@simonbomgaars7867 Musk is a really good start. And if you are right winger, then Soros would be your go-to guy. Anyone with the money and will to spend so much enforcing their own world-view on others who don't want it is unethical.

[@brownshoes5225]

The amount of wealth worship in these comments is concerning. Just remember you're closer to being homeless than being a billionaire.

[@nebuloso6527]

It’s true that I am closer to being homeless than to being a billionaire, but I also haven't created anything or made investments that would increase my wealth, so I don't expect to become rich when I haven’t done anything to make myself rich. Just because I am closer to being homeless than to being a billionaire doesn’t mean I should lose sight of what is fair. If someone does something that makes them deserving of being a billionaire, then they should be. Are you going to say that if a person invents the cure for cancer, they deserve to remain in the middle class because of limits on how much they can earn? I would consider that person deserving of becoming a billionaire.

[@PatrickButterly]

@@nebuloso6527 I see your point but your also not correct because no person will ever cure cancer - it would be a team or more realistically multiple perhaps hundreds of teams combining their effort and standing on the back of all the research that has taken place before them to have that breakthrough. Which is the same for basically everything, the person who makes money off it or claims the fame is usually the one who marketed it not the inventor/inventors... with a few exceptions. Im not saying there isn't value in that by any means its often great to make something available to the masses, but there is very little that's a solo effort , and typically the person who invented a thing of value gets nothing. They either have to hand it to the company they work for or it goes unused until their patents run out and others can exploit it without paying them,.

[@matthewvandyk7773]

​@PatrickButterly I got to disagree. There have been a few examples of people who claimed to have cured cancer. One example is of a Veterinarian who figured out a cure fir cancer in Dogs. A pharmaceutical company acctuly was going to buy the cure. The Veterinarian committed suicide and his documents disappeared. So hey so it possible for someone to figure out a cure for cancer.

[@PatrickButterly]

@@matthewvandyk7773 and you are in your rights to disagree.... Do you have any reference to this or is it like a urban legend? I highly doubt the accuracy of it as cancer is not a single thing you can cure... There are many cancers and what cures one wouldn't cure others. Insane random possibilities can happen I won't deny that. Breakthroughs have come at times from unexpected places but it's usually the exception and not the rule. When it dose happen it's usually the result of someone who has that knowledge to back them noticing an unusual effect that isn't in line with the expectations... Or occasionally a totally random chance like when they discovered rat poison tasted sweet

[@johnwick6831]

Amazing! Keep that mentality and I pray to God you always stay close to being a Loser than anything else in your life. 😂😂

[@neleacosneanu8925]

The problem is that they can be richest as they want if they pay higher salaries to their employees, do not use child labour, pay taxes and so on...but they could not be so absurdly rich without any of that so

[@sprinterx]

US income tax rates in the 1950s were up to 90 percent. The economy worked for most people. Now it works for the wealthy.

[@Barikinfi]

Humans wearing rags defending the sleeping dragon on top of a mountain of gold thinking they can be the dragon one day.

[@brajat5538]

is it anyway related to nick bostrom?

[@Zerpentsa6598]

Billions corrupt utterly.

[@samstewart9249]

Hell it don't take billions, smaller amounts can corrupt even us thousandaires!

[@rge3d]

I think the first step would be just cap wealth at 1 billion. I don’t think anyone in the world could argue that they couldn’t live a meaningful life with that absurd amount of money yet the amount of capital that would free up would still be enough to change everything drastically.

[@wavydavy9816]

Unfortunately, by the time the vast majority of people realise that the only way to fix this is by dragging them from their over-priced, over-sized houses, it will be far too late, as there will already be private security forces to prevent precisely this sort of thing from happening.

[@joshstewart1649]

My issue is that money can buy power and influence at levels that lead to horrific inequality. Billionaires can fund campaigns, donate to organizations that favor their interests over the interests of the masses and allows them to buy levers of influence like social media companies where they can control the narrative. It’s not money that is the core issue it’s the ability to convert that wealth into power and influence that buys them the ability to push through laws that overwhelmingly are aligned with their interests over the interests of society. That is a serious issue.

[@lovropavlinjek6354]

true

[@babybijou969]

This.

[@UHyperZero]

Excatly

[@donewithprecision785]

I swear, only rich people say “be grateful for grapefruit and toes” knowing they would jump in a volcano if they lost everything but a $5k.

[@CartoonrBOY]

Allow Billionaires, but tax them so highly it becomes impossible to amass such wealth.

[@justjay2955]

Or have socialism and make everyone rich and tax the companies

[@bardbar]

here to see poor capitalists defending billionaires

[@johnnynick6179]

Enjoy the show.

[@Mau365PP]

A real circus 🎪🤡

[@vothila]

😅 I feel you completely 🙌

[@CynicalVy]

I'm a free-market capitalist, I'm not poor and I will defend billionaires. I'm quite proud that someone find knowledge entertaining, that's actually a good sign.

[@patryxsterv4523]

@@bardbar I mean, there is a problem with lobbying and making politics or being beyond the law But if we take all the beautiful animations out and shorten this video All he says is billionairs have so huge money, and we should do something about it Its Just a video to please the audience that already believes this idea of maximum amount of money to be good There are so many problems with that Not discussed

[@nikokalandadze9675]

To preface, I agree with your message, but extreme wealth does not threaten capitalism, it is the direct result of Capitalism. Under ideal capitalistic conditions absolute consolidation of power is the natural endpoint, so capitalism has currently achieved exactly what it's principles are

[@DiThi]

I agree, it only threatens the ideal version of capitalism that we're taught as children, which doesn't really exist.

[@jayno3029]

NAILED IT!!!!

[@GreatWhiteElf]

The worst thing about capitalism is that both of these are true. Extreme wealth is the direct result of capitalism, and also a major threat to it. iirc this is something Marx talks about in Capital

[@DiThi]

@@GreatWhiteElf Unfortunately he didn't foresee the emergence of fascism, which revives and prolongs the life of capitalism.

[@felixheitzer2262]

You're right. There has to be made the difference between capitalism and free market economy. While this one also does not work without problems, it could be a workable and somewhat fair economic system, if it was based on ideal circumstances where everyone starts with the same/a comparable amount of ressources and opportunities. And this is the thing that monopolys/billionairs are destroying: free markets. Sadly most people don't know the difference between capitalism and market economy.

[@danielboucher5989]

People forget that Rome became a dictatorship because the richest people in the republic decided to bring their armies home.

[@CapitalistDeathCult]

We didn’t forget, we glorify it now. It’s disgusting.

[@Bruhmoment-d5f]

Not really.

[@ima6pack]

I don't need $1 million to feel like I have enough, I just need work to feel like it compensates me fairly and doesn't encroach on my ability to live life to the fullest

[@been_a_bean]

I used to not care about economics, because I was happy not pursuing money. But then the little money i had was worth a lot less due to massive inflation. The cause of this inflation? Wealth inequality. Now I care.

[@DefaultFlame]

No, the cause of that inflation is mostly because of irresponsible governments. 2008? Banks should have been allowed to fall. It would have sucked hard in the short term, but would have put some brakes on the untenable economy and wouldn't have let incompetent banks just keep operating as they always had. 2020? Quarantine on a global scale was pure insanity and created more inequality than the great depression. The true problems stared when we move to fiat currency and government could just print money with nothing to back it up, and they they started doing that to manage their ever growing debt that they accrued through irresponsible spending.

[@mrcattycattington5841]

A worrying amount of people here defending billionaires and I'm not sure if they truly understand how much a billion is and how that amount can be gained or even the purpose of tax.

[@T1Oracle]

Until everyone can meet all of their basic needs for food, water, shelter, clothing, health care, and mental health care, then no one should be a billionaire. No one becomes that wealthy without the work of other human beings, which is why I believe that the most fair way to prevent extreme wealth hoarding is to require that workers are paid fairly. Fair pay isn't just what you can get away with, fair pay is what value that individual is actually creating for you by their work. If you make $10 million, then some percentage of that profit belongs to the person who mopped the floors. They did an essential job that made it possible for your financial windfall to happen.

[@matthewvandyk7773]

That's never going to happen. To many leaches out there that refuse to work.

[@jiorno_jowana]

But billionaires created that job slot.

[@PromptingAI-MIT]

You are too ideal. What’s considered fair? Can you systematically distribute pay based on fair contribution when people’s definition of fair is not the same, esp variance in different industry/culture, etc. Clearly, what you are describing exist in an utopian state

[@calysagora3615]

"Until everyone can meet all of their basic needs for food, water, shelter, clothing, health care, and mental health care, then no one should be a billionaire." So in essence, you want successful people to be robbed to help useless people? You essentially want full on communism. (the fallacy of positive rights) This is what you call "fair"? That's the insanity of wanting equity instead of equality. This bad idea has backfired every single time it has been tried thought out history. it makes EVERYONE poorer, especially the poorest. "No one becomes that wealthy without the work of other human beings" So what? Those other human beings choose to collaborate with them because they pay the best, making them richer than they would otherwise be, just the same. Is that bad? Are you OK? "...which is why I believe that the most fair way to prevent extreme wealth hoarding is to require that workers are paid fairly." Workers are not helpless voiceless little babies. They are adult human beings, perfectly capable of negotiating terms if they seek employment. But you want to use the FORCE and THEFT of government to bring about your utopia eh? Again, this is pure communist garbage thinking and economic illiteracy. not to mention immoral, unethical and absolutely evil.

[@RavenAmetr]

This is a totally fair point, the only catch: the one mopping the floor must get not just a share of the profit, but also a share of the risk, liability, consequences of failure, and countless other bitter things, business founders have to deal with. In fact, there are a lot of jobs like this, called equity, revenue share, or co-ownership. The problem is, that the people in general are unwilling to share those things, they only want to to reap benefits.

[@bluesteel1]

I appreciated the buble comparison most people cannot comprehend how much 1 billion is

[@sandermez3856]

I am soon to be 40 years old. Despite having worked 80+ a week hours most of my life, I live in an apartment with roommates and have 150 square feet of personal space. I dont really own anything and am just paying for food and rent. I buy bottled water kuz there is constant problems with the water (I live in a major city, Montreal, Canada). I don't go out. Somehow, according to bill gates, I am richer than a medieval peasant, who has a house, a wife and kids??

[@tonysmithy6330]

I feel for you brother Canadian! My take to this is move out of Montreal if you ca. You might be happier. Just saying...

[@lighttheworldonfire3364]

At least you have healthcare. In America you can do the same and have no healthcare or if you do a huge deductible that no one in your position can afford. Along with this fighting medical bills to be sure the right code is put in so that it counts toward your deductible. On top of that you need to make sure the doctor is in your network or it doesn't count. And if you don't have a doctor in your area in your network well too bad. What you described I call slavery to people I know. They say "well he can choose to move somewhere else, he can choose a better job, he can educated himself". Then I reply.... "A choice of things from people that hold all the power isn't a choice. It is a choice of what they CHOOSE to give you to give the illusion of freedom while keeping you a slave". Noam Chomsky said a similar phrase. "We have choices of things they let us choose from, but not real choices." I don't care for cars. I would rather have public transportation. I don't have that choice. Even from the cars I get to choose from things are in the car I don't want. I don't need seat warmers, or some fancy 360 camera, or some fancy audio system. Then on top of this the thing I do want which is simple software is $1000. Like I remember the last car we bought new. To upgrade to a media system that accepted bluetooth was over $1000..... just for bluetooth because... I had to take the premium speakers with it. "I don't want the speakers, I just want bluetooth".... "sorry sir they come together". Yea you are in a crappy spot but IMO Canada is better than here for safety nets. If you lose your job here you can still keep your employer insurance..... but you pay for it. Unemployment is like $1200 a month..... which barely covers the insurance and definitely doesn't cover rent. If you are disabled you have to get a lawyer to prove you are disabled because they cut the staff at social security in half.

[@sandermez3856]

@@lighttheworldonfire3364 You speak of things you know nothing about. Canada has a TERRIBLE health care system. No doctors, months if not years of wait time. Going to the emergency? bleeding out? you can wait 14+ hours at the ER!! Did a blood test last year. Had to go to a private clinic since all the public places were booked. Kept checking online for several months just to see. There are so few public places and never any room. But *WAIT* a minute... why am I paying the HIGHET TAXES IN NORTH AMERICA (I live in Quebec).... and then STILL pay for my healthcare at public clinics? This is the dirty secret. Canada's hidden shame. Best healthcare in north America? Nope, its the place we pay twice. Once in taxes and then the service is not there and must go public. Threw my back out last year. Couldn't work for 6 months. Never saw any money from this "disability" you speak of. Social safety net? I went on unemployment couple years back. It lasts like 3-4 months and is like 50% of your salary or something. It's really not much... And that's if you can get on it. They use every dirty trick in the book to try to exclude you. You have to go many times to the unemployment office and just through many hoops. I worked a seasonal job, you'd think they would just give you unemployment since it's seasonal. Nope. You need to be looking for a job and fill many other criteria just to get the measely amounts. Canada is a scam. It has a good image but trust me, USA is better. There are no jobs here, high taxes and HORRIBLE public services. Why are we paying for this? SO the rulers can line their pockets as they advertise to the world the safety net, healthcare and wonderful utopia here... why? to lure in immigrants. Canada is flooding in modern slaves. I would know, Im one of them. I want to go back to my country and get out of this hell hole, this trap. I also thought how good it sounded, but trust me, it's not what you think. Its all lies. Living here is expensive and there is no safety net. Its a nightmare. They just want cheap labor. I mean, think about it. This country has created "MAID". Medical Assistance for Dying. aka euthanasia. Why? to kill off the sick, the old, the poor, the disabled. I hear stories ppl applying for this to escape poverty. There is your "safety net" right there. You really want to live in a country like this? The roads, the infrastructure. its HORRIBLE and falling apart. Potholes, sinkholes everywhere. Google the massive water main that broke this year in Montreal. Look at the flooding and damages. Where are our taxes going? Property taxes, income taxes, school taxes, permits, etc... So many taxes and unfathamable amounts!! The schools are run down, the buildings are run down. I swear, Canada is a third worl country. But no one talks about any of this (you can find some hints online of you really search) This is the reality here.

[@nothereandthereanywhere]

I had similar problem. It was better as I have had just one job and lived in a room until 40. But I have decided to make a radical change thanks to my 'skills'. I could work remotely. Moved out of the expensive area and moved in a 'deprived' area. Had enough savings to buy a house. Now I'm repairing the house, have three rooms and enough to pay a mortgage. This isn't a joke comment. All I'm saying is - F the beautiful city, move out and find a job(if needed) outside of the area, in much smaller and cheaper place. Your mental health will improve. Good luck mate, fingers crossed for you and everyone else that need to take this path.

[@melfsade5557]

​@@sandermez3856>makes rant about wait times in Canada you realise the US also has wait times right? wait times that are longer than the OCED average?

[@Agueart]

So many angry billionaires in here. Hundreds of millions just aren’t enough to buy unlimited anything and everything. I will tell you as someone who grew up poor and has a net worth far beyond the average American I’m not jealous. It’s absurd you can have so much money you can affect the lives of so many people in a negative way.

[@draconicrain7609]

No one would ever need to gamble, if we had a livable wage. Money is like law, keeps honest people at bay while the dishonest shit on everything we know.

[@salicaguillotines]

@@draconicrain7609 This could also apply to the business world as well. Think about it: if we had a basic needs guarantee, we wouldn't need to bail out corporations to preserve jobs because the people would have what the job would provide them anyway. The only risk here would be the business itself which wouldn't be a huge loss if a person's livelihood is decoupled from that. Sure, a person might have to scale back a bit since they're temporarily out of work but there would be the peace of mind knowing that there's a social safety net and the means to rebuild. Believe it or not, a conservative talking point in providing socialized services such as healthcare and education means that the agencies can pay less since the overall costs of living are lower. That may not be my reasoning since providing education and healthcare for example are simply the right thing to do and have many more benefits down the road such as having an educated population or preventing medical complications. The whole thing is dishonest because "this is how the world works, it's unfair, and there isn't anything you can do about it" is disingenuous.

[@TheAsianRepublican]

The reason why a "Livable" wage is not possible is because its subjective. Meaning the definition of Livable is different for everyone. If a 30 yr old Mother of 3 children work at a McDonalds with an 18 yr old doing the same exact job, the $10 per hour for the 18 yr old is a livable wage while not for the 30 yr old. Yet why should the 18 yr old and and 30 yr old be paid differently for their time and labor if they are doing the same exact job.

[@draconicrain7609]

@@TheAsianRepublican i would not say subjective, more, relative, but i see your point.

[@foxkillingtime]

@@TheAsianRepublican You misunderstand the meaning of liveable wage.

[@GrimdarkKing]

@@draconicrain7609 this idea of “forcing” a livable wage by government decree is a fairy tale. If you raid the minimum within 2 years the prices of everything go up and the minimum wage worker is right back where they were before. Of course they are being paid “more”…and so the government gets more money in income taxes. So the government is the only one who wins. Also…nobody here in Michigan works for minimum wage anymore unless they are literalky too lazy to switch job. Both of my kids STARTED at $11 an hour. McDonald’s is advertising $15 if you will work the late shift. So the wages rose WITHOUT the need to raise the minimum wages. And they will continue to go up from here. If you say “they need to rise faster though” then your problem is that you want a fairy tale to be true. You want low value work to “magically” be worth more to those who are paying for it. But that’s not how the world works. I pay my lawn guy $50 to cut my lawn. It takes him 20 minutes on thag super-fast riding lawnmower. I am NOT paying my lawn guy $100 to do so. If the government wrote a law saying $100 was the minimum for a yard to be mowed…I would break down and buy a super-fast mower and go back to cutting my lawn myself. A 20 to 30 minute lawn cut is just not worth more than $50. And everything else is the same. There’s a max value to having someone work a drive thru window. Above that…it will not be paid. It’s just not worth that much. This may bother you. But that just means the truth bothers you. But the truth doesn’t care about our feelings. Math doesn’t care.

[@JenX-TV]

“He who does not desire power is fit to hold it” -Plato

[@thefozzybear]

It's the race to be the first Trillionaire to feed their egos.

[@fod8u]

Did the maths on 2023 data from forbes. $1M wealth cap could see the poorest 70% of the world (under $10k net worth ~avg $1.4k) have their wealth increased on average by 10x Wish I could post the infographic

[@alvinvaz]

In Brazil 6 billionaires (families) have the equivalent of half our population, Brazil has 217 million people… yeah 💀

[@kitkuwkiblu]

I believe there should be a certain limit to how much money a person can have. Or at least there should be a specific tax to take the excess and use it to build a better, stronger and healthier society. It got to the point where rich people get more financial saving opportunities that they don't even need in place of regular people who work themselves to death for basic needs. It's not okay.

[@LukeXMV]

At 1:05 the rich guy in black 4wd almost tried to kill you 😂

[@harrycee656]

Green screen buddy

[@SouvenTudu1]

😂

[@masontippie198]

​@@harrycee656Oh yeah, you can notice a fake camera shake and everything.

[@kristopherleslie8343]

Facts

[@E.M.jansnow]

I have always said it if there is a minimum wage there should be a maximum wage

[@jarris8313]

Problem is, the current loophole is not there because of wages, but because of dividends and capital gains. Most people probably earn via salary more than most CEOs, but then they have all these wealth packages that come with their CEO position, such as stock options (if they don’t own the company) or dividends. As these grow in value, so does their untaxed wealth.

[@minez5628]

It's ok to have rich people, but ultra rich is just disgusting. If we could be fine with just rich, poverty wouldn't be such an issue. Money is limited, if its sitting somewhere just so a guy can feel superior, it's not on the hands of middle and lower class.

[@TheMrEwe]

I just want to be out of debt. That would be enough for me.

[@IdentityCrisis1581]

No one should have enough money to buy a country.

[@enotbegemot1240]

Why?

[@officallyjak]

@@enotbegemot1240 did you watch the video??

[@errorone937]

​@@officallyjak The issue is that there's a difference between watching and understanding. Too many people nowadays are utterly media illiterate.

[@ggvls3281]

The sadest thing is that there are people in the comments who support this 1% even if they are not one of em . My only hope is that they are bots or payed individuals and do that as a job

[@svenweiland3322]

The comment section is "the American dream" in action. People would rather be controlled and exploited by the super rich than accept the fact they will never be part of the 0.003%.

[@LupinoArts]

There is just one flaw: what counts as "wealth"? Most billionaires don't have a bank account that says "one billion"; they have assets, land and real estate properties, the "means of production", and shares in companies that all count into their "wealth" and into their bying power; but it is nothing that's easily "limitable". Or, in consequence, if you truly want to limit wealth you also need to abolish stock markets and limit private ownership of companies and property.

[@hectamus_]

Limit any incomes above $3M. Any income/wealth earned or generated above $3M is taxed at 90%.

[@WackNoir]

Fellow sam Seder watched hello friend

[@thearrivalcyberseignister8898]

My new litmus test is seeing if someone calls this video communist propaganda, thanks for that lmao

[@andysierra1618]

It is

[@thearrivalcyberseignister8898]

@@andysierra1618 the video has nothing to do with communism, if you absolutely stretch it it only advocates for redistribution of wealth (tho not really) which is just liberal in general, it lacks all the fundamental principles of communism like abolition of propierty, control of the means of production by the people and abolition of classes. if you genuely think this is communist propaganda you are an idiot or just have no idea of what actualy is communism and shoudnt be throwing accusations in the first place, if you think its a bad video or that the solution/problem is bad thats ok but if your argument boils down to "sounds like communism" then you shoud know what communism is in the first place and i wont take you seriously otherwise

[@puppycorn_editz7049]

No it’s not 💀

[@Ilikefire2793]

@@andysierra1618 As yes because "Solicialism" is when government does any stuff. And when Government does lots of important stuff that doesn't involve killing people with weapons, its "Communism". Because that's totally how it works... right...? Right...?

[@norman6524]

Communists would agree with the video

[@ruffeboi7304]

as a swedish person, this video is very swedish. I cannot tell if that is a positive or negative thing, since i've only ever lived in sweden, but i agree with the message. Good vid

[@fluffigverbimmelt]

I clicked on the video, heard the Swedish accent and thought "makes sense". Greetings from Tyskland

[@lisalamphier1410]

This video is interesting because it was posted before a CEO was taken out in broad daylight. This situation is not just about healthcare. It's about wealth, greed, and exploitation. Suddenly class consciousness is spreading like a wildfire and billionaires are desperately trying to put the lid back on. Sure, they have all the money and resources, but there are more of us. Way more. And they're scared. As they should be.