Because with the apparent exception of Vietnam, billionaires run the show in the society they live in. They use their capital, which is just an expression of power, to change laws, buy courts, shift responsibility to their corporate entities that receive a cute lil meaningless fine that costs less than the profit of the crime instead of prison time, and here in the US they even literally OWN and PROFIT off many of our prisons. That’s the primary reason billionaires shouldn’t exist, because it’s close to impossible to put a check on such insane levels of power, which again, at those quantities, is what capital becomes, raw power. You can’t have a functioning representative democracy where people can grow so wealthy that their power over society extends beyond their single vote.
Most of the peasants in the world are subject to their respective judicial systems and prison systems largely configured to protect PROPERTY rights over human rights by design of those they work for, and guess who that is?
There are beautiful exceptions, the Nordic nations come to mind, but sadly my country, the US, has been spreading its greed disease for decades. We toppled south American rigimes daring to make something better to keep their markets open for our capitalists to rape using our military industrial complex, and we’ve been converting Europe with our greed disease a little at a time(YOU can live larger than you’ve ever dreamed, foreign legislator, just betray your countrymen for our profit!), the UK has fallen to it, the French are fighting it but losing, etc.
Because with the apparent exception of Vietnam, billionaires run the show in the society they live in. They use their capital, which is just an expression of power, to change laws, buy courts, shift responsibility to their corporate entities that receive a cute lil meaningless fine that costs less than the profit of the crime instead of prison time, and here in the US they even literally OWN and PROFIT off many of our prisons. That’s the primary reason billionaires shouldn’t exist, because it’s close to impossible to put a check on such insane levels of power, which again, at those quantities, is what capital becomes, raw power. You can’t have a functioning representative democracy where people can grow so wealthy that their power over society extends beyond their single vote.
Most of the peasants in the world are subject to their respective judicial systems and prison systems largely configured to protect PROPERTY rights over human rights by design of those they work for, and guess who that is?
There are beautiful exceptions, the Nordic nations come to mind, but sadly my country, the US, has been spreading its greed disease for decades. We toppled south American rigimes daring to make something better to keep their markets open for our capitalists to rape using our military industrial complex, and we’ve been converting Europe with our greed disease a little at a time(YOU can live larger than you’ve ever dreamed, foreign legislator, just betray your countrymen for our profit!), the UK has fallen to it, the French are fighting it but losing, etc.