• ɔiƚoxɘup@lemmy.dbzer0.com
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    2 hours ago

    They will be stopped by Democratic process (lol) or by an undemocratic one.

    For now they still have the power of choice. I wonder how much longer that will be true.

  • nonentity@sh.itjust.works
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    17 hours ago

    Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.

    Corporations are the only ‘persons’ which should be subjected to capital punishment, but trillionaires should be forced to transition into billionaires, and billionaires should be euthanised through taxation.

  • rafoix@lemmy.zip
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    2 days ago

    It’s hilarious how Musk is the wealthiest with multiple businesses that are actively failing and cannot make a solid case for their valuation without going into fantasy scenarios.

      • chaogomu@lemmy.world
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        2 days ago

        But he can take out massive loans on that valuation.

        And that money can be used however he wants.

        Also, the recent IPO was him collecting money from a lot of people, and since he got exempted into a few indexes, people’s retirement money is now tied to Musky scams.

        This means that if Musky does decide to cash out and crash the economy, he’ll have an instant bailout.

        • M137@lemmy.today
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          2 hours ago

          I think he only cares about this half-imaginary number being big as possible. He tried the politics/power thing for a bit but I feel it’s clear that wasn’t for him. He doesn’t want to be on stage and talked about, those are just consequences of his real want. Everyone else that are even remotely close to him in that use way more to bribe, control and change things for their views.

        • Telorand@reddthat.com
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          2 days ago

          people’s retirement money is now tied to Musky scams.

          Now where have I seen this before…? Gosh, if only history had some warnings…

    • atomicbocks@sh.itjust.works
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      1 day ago

      Be careful though, suggesting that Starship might never fly, or Full Self Driving might never drive, or that data centers in orbit are unlikely to scale is dangerous on the Internet.

      • rafoix@lemmy.zip
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        1 day ago

        Starship flying means nothing when nobody is using Grok which wastes more money than Starship capsule make.

        Full self driving is only 1 decade late. Tesla is already behind technologically and their quality is still pathetic.

        Data centers in orbit will be orders of magnitude more expensive and complex than data centers on earth. Data centers on earth are having tons of trouble being built because the costs and materials needed are extreme.

        Also, Elon Musk is a Nazi that really wanted to be invited to the Epstein pedophile parties.

        • gid@piefed.blahaj.zone
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          2 days ago

          It’s okay to be nuanced about this. In a system where one person can “make” this much, things are so obviously out of whack that it’s not contradictory to want that kind of wealth to be heavily taxed, while still holding the view that in an anarchist system taxation is not desirable.

          • mic_check_one_two@lemmy.dbzer0.com
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            1 day ago

            Yeah, it’s also worth noting that “wealth tax” is the compromise. It’s the starting point for a good faith negotiation, which works within the bounds of the current systems. Because the alternative is “storm the compounds. We’d only need to livestream a mob eating like a dozen of the richest before the rest get the message and fall in line.”

          • alapakala@quokk.au
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            1 day ago

            Nuance about larceny gets you Sweden. Larceny is the wrong approach to horizontalidad. You want to compensate workers for yields, not rob’m.

            • gid@piefed.blahaj.zone
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              22 hours ago

              I don’t disagree in principle. But pragmatically, while a wealth tax is an imperfect system for wealth redistribution, it’s still realisable on meaningful timescales. It can be done while working to achieve true horizontalidad.

          • alapakala@quokk.au
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            1 day ago

            you forgot to append the #Against anchor.

            it should be depressing many people still don’t comprehend the problem with compulsory larceny.

            • prole@lemmy.blahaj.zone
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              17 hours ago

              Oh I just now realized that you’re calling taxes, “compulsory larceny”. Literally just “tax is theft” with a pseudointellectual patina.

              Lol ok bud. Go live on SeaLand or some shit

              • alapakala@quokk.au
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                17 hours ago

                Wait, taxes can now be voluntary?
                ’Cause mutual aid is something we praxis, but being threatened with violence for not complying to your burglary is “pseudointellectualism”?

    • Pennomi@lemmy.world
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      2 days ago

      The one percenters of the one percenters just got one percented.

      (Actually it’s even worse than that I think.)

  • Blackmist@feddit.uk
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    1 day ago

    If we all just collectively decided to eat the top one every week, the problem would just sort itself out after a month or so.

  • Wispy2891@lemmy.world
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    1 day ago

    It’s ridiculous that they could give away $1bn/yr in charity projects and they’d still be billionaires when they’ll finally die

    • philipp_@discuss.tchncs.de
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      1 day ago

      Not really because this isn’t real money. Especially in Elons case it’s all in pumped up stocks that he could never sell without crashing the price. Not that this is making anything better and the current stock market is just another symptom of the death spiral we are currently in.

  • WIZARD POPE💫@lemmy.world
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    2 days ago

    I love how Musks conpanies keep losing money yet somehow the stupid fake value just keeps growing.

    I hate speculative capitalism so much

        • Zorque@lemmy.world
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          2 days ago

          No, but plenty of other people do, and the person that shot him clearly hasn’t been doing much else to “help”.

          So, either put your money where your mouth is, or stop spouting the same demagoguery bullshit and find an actually useful thing to suggest.

          • AnchoriteMagus@sh.itjust.works
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            2 days ago

            You think the removal of one system of government to institute another (even if that system is as little of a system as possible), along with a radical redistribution of wealth, happens without violence?

            I may have a bridge to sell you.

            • The_Terrible_Humbaba@slrpnk.net
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              1 day ago

              You think it happens with violence? Look what the french revolution led to. 100 more years of imperial rule and the most deadly war in European history. Look at what the Russian revolution led to, the USSR. The Chinese revolution.

              Now look at how anarchist societies/groups emerged in history. Cooperation and mutual aid. The violence was for the most part defensive.

              The only people who think violence is the answer, are the ones with superficial understanding of history who are suffering from Duning Kruger effect. Violent revolutions always lead to authoritarian’s grabbing power and kick starting oppressive regimes.

              Today is the parent of tomorrow. The present casts it’s shadow far into the future. (…) Revolution that divests itself of ethical values thereby lays the foundation of injustice, deceit, and oppression for the future society. The means used to prepare the future become it’s cornerstone. - Emma Goldberg

          • over_clox@lemmy.world
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            2 days ago

            Just make sure to boil him first, I’m pretty sure that should break down the chemicals, right? 🤔

            Or just feed him to the pigs, either way 🤷

  • sobchak@programming.dev
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    2 days ago

    It’s going to continue to accelerate to a kind of feudalism where they own everything. Democracy or even capitalism itself can’t survive this.