The fact that websites like this frame it like a scoreboard is IMO a symptom of the problem. Rather than fetishizing massive wealth, we should treat it as anathema; exclude billionaires from discourse, treat them as mentally ill, distance ourselves from them in every possible way.
Imagine if people reacted to disgusting amounts of wealth the same way they react to hoarders.
A combination of disgust and you need serious help right now would be appropriate.
You forgot to liquidate their assets
If Capitalism was an online game it would be in dire need of a balance patch. Those builds need to be nerfed.
Musk is down -$49B YTD. That guy sure knows how to turn gold into horseshit.
Not a solution, but you have to start somewhere.
If I lose $10,000, that’s on me and my own situation. Musk has essentially wasted resources, time, manpower, and the very blood/sweat/tears from who knows how many humans on this planet. We need to eat the rich, not let them drag us down with their own poor decisions
Hell yes. I’m sick of collaborating in my own long term destruction just so I’m not immediately homeless.
He devalued the platform intentionally
According to analysis by Oxfam, the “richest 1% bag nearly twice as much wealth as the rest of the world put together over the past two years)”. 63 cents of every dollar of new wealth made in the last two years has gone to the top 1%. Moreover, “an annual wealth tax of up to 5 percent on the world’s multi-millionaires and billionaires could raise $1.7 trillion a year, enough to lift 2 billion people out of poverty, fully fund the shortfalls on existing humanitarian appeals, deliver a 10-year plan to end hunger, support poorer countries being ravaged by climate impacts, and deliver universal healthcare and social protection for everyone living in low- and lower middle-income countries.”
The top 10% own 85% of the world’s wealth according to UN analysis and that’s from 2006. So if you are one of the 7.1 billion or so that aren’t in that top 10% then you’ve spent at least 18 years fighting for your share of that last 15%. That bright and wonderful future we’ve all been promised where there’s enough production for everyone to work fewer days to afford luxuries and no one has to worry about having a house and food? We’re there NOW and have been for at least a few decades. There’s enough wealth to take care of everyone in the world and our reality is what humanity is doing with those possibilities instead.
What really bothers me is that we wouldn’t have to go full communism - a 5% tax isn’t going to make everyone equal and it won’t ruin the lives of the rich. Going from 1 billion to 950 million or from 500 million to 475 million isn’t going to meaningfully affect the food, housing, vacations, etc of the ultra-rich. It’s not about restricting how rich people can get, it’s about changing how poor people can be for the better. So much is being given away for basically no real difference.
we wouldn’t have to go full communism
That’s a feature, not a bug
Make more wage slaves peasants, this isn’t fast enough for our masters.
Bezos demands it.
I’m sure another 40 years of voting Democrat or Republican is gonna fix the problem. Absolutely.
Is this 🫱🦋 a menu?
How did Arnault make so much money despite France’s taxes?
Just be rich and dont pay taxes, most states only care about crimes of poor people
How much can I meme about guillotines without it constituting promoting violence?
This looks like an info graphic made by lesser billionaires, who don’t want to work as hard or as smart.
The FTSE ALL-WORLD index went up 70% in the past 5 years. So at least percentage wise even lazy investors could have done better than Bezos or Gates.