• StinkySocialist
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    2 days ago

    Listen all I’m saying is if this Peter beck or anyone else holds on to a whole billion dollars for themselves then they lack empathy for the rest of humanity and are therefore evil. If he accidentally made a billion that’s fine but donate it.

    • absGeekNZ@lemmy.nz
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      2 days ago

      Agreed, if you have a billion in cash sitting around, then do something with it.

      But in this specific example, and really any example where someone gains their wealth from “doing stuff”. It is not liquid, sitting around in cash to hand out. It is usually in stock of the company they found.

      While they are “young” and energetic making the world a better place, then keep on doing what you are doing. Once you “retire” from that then it is the time to donate.

      • StinkySocialist
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        2 days ago

        I just responded the same idea to someone else so I apologize if I get confused between the two. But if I’m understanding you correctly, what you’re saying is this man has a billion dollars in assets but he needs them to do his work which is beneficial for people. This work is in rockets.

        I’d submit to you that he doesn’t need to privately own a billion dollars worth of assets for this. People need a lot of equipment for their jobs, but these things can be owned in common, whether that’s through a co-op or through state ownership. Collectivizing the means of production is the ethical way to go. Everyone should have an equal claim to their workplace and an equal say in what goes on there.

        The way we let people privately own companies now is more akin to monarchy than the democracy we think of as the bare minimum everywhere else. The workplace should be democracized.

        • absGeekNZ@lemmy.nz
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          2 days ago

          The communism / capitalism debate is an interesting one. Each system has its advantages, and I am a strong believer in a strong compromise between the two extremes.

          I don’t think that workplaces should be collectivized as a default. I also think that strong regulation and “big” government is a positive thing. The government should set the rules, for the benefit of all, but the game should be open to all players.

          I am also a very strong believer that there are some activities that are far too important to leave up to the market.

          • Health care
          • Education
          • Infrastructure
            • Water
            • Waste
            • Roading
            • Public transport
            • Communications
          • Social welfare

          For everything else, let the market decide. Collective ownership of cafes and hardware stores isn’t really something that needs to happen. But I would also be happy if a collectively owned cafe opened up nearby, I would give them the same weight as all other cafes (how good is your coffee).

          • StinkySocialist
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            2 days ago

            I feel you and I would agree on most issues. I would urge you to be skeptical of capitalism and the profit incentive and how it can cause harm even small ventures like cafes.

            To me, the ultimate problem that capitalism and the wealth concentration that it allows presents is the ability of the individuals with this concentrated wealth to use it either legally or illegally to bend the state to their will. In the states we are all too familiar with this with lobbying. Once this happens, democracy is undermined and oligarchy begins in my opinion.

            • absGeekNZ@lemmy.nz
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              2 days ago

              Looking from the outside, what the US has lacked is the “strong regulation” part.

              In my opinion the US is way too far on the capitalist side of the slider, you are not at “pure capitalism” yet. But sometimes it doesn’t seem like you have far to go.

              Private prisons are just a ridiculous, over reach of profit making into what is at its core a social problem that requires social solutions.

              • StinkySocialist
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                2 days ago

                I can totally get that perspective. From here looking at countries in Europe move in our direction makes me think that allowing a little bit of the capitalist corruption in makes your system susceptible to slowly being consumed(deregulated and welfare state gutted).

                I’m not too familiar with New Zealand politics but I’m sure they’re a hell of a lot better than ours lol.

                • absGeekNZ@lemmy.nz
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                  2 days ago

                  It has gotten worse since trump showed that the truth is optional for politics.

                  But yes, still better.

    • IHawkMike@lemmy.world
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      2 days ago

      It doesn’t sound like he can do that without giving up his ownership stake in his company. Or is that what you are suggesting?

      • StinkySocialist
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        2 days ago

        Oh I see what you’re saying. Yes his company should be collectivized whether that’s by making it into a co-op or through state ownership doesn’t really matter. But the people that work for him should have an equal stake in the ownership of their workplace and a say in what goes on there.