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Cake day: June 24th, 2023

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  • Accumulated wealth is a choice. We can tax inheritance at 100% beyond a certain point (say 100,000x the federal minimum wage).

    The competition does not come from their moral beliefs but from the incentives created by the system itself.

    Disagree. It is a choice to not say to yourself “I have enough. I am stopping work and donating all this wealth I don’t need to charity.” It is a choice not to make your fortune, retire, and then give ownership of the company to the employees who made you successful. Society once chose to treat homosexuality as a mental illness. No reason we couldn’t do the same for greed.

    We say people can’t use slave labor. We say kids can’t work. There is no reason we couldn’t say people above a certain wealth threshold can’t work. That’s just regulation, not socialism.


  • Theft and rape get muddy but we still prosecute those. Society needs to draw a line somewhere.

    For example say 100% tax after $50 million net worth. Or 1 year in jail for executive officers of a company if the net income (stock counts as income valued at the price when acquired) of the highest paid person in a company makes more than 30x the lowest paid person. Or we just drone strike Forbes richest person every year. We just need to draw a line.



  • ChonkyOwlbear@lemmy.worldtoLefty Memes@lemmy.dbzer0.comPluralism go brrr
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    1 day ago

    As much as economists like to pretend, capitalism is not a political system. The goal is exploitation because we choose so. As a society we could just as easily choose to make our goal the maximal fulfillment of the needs of the public. All that takes is preventing those without a personal concept of “enough” from controlling capital.




  • A big part of the problem is that teaching is treated as a second tier profession. A lot of people end up teaching after having failed at something else. I took some masters level education classes and these were some of the dumbest people I had ever met in a college environment.

    The people that choose teaching as a first choice often leave because the pay and work environment is so poor for such an important job. They either burn out from stress or give up because they cannot properly do their job within the system.