I agree with some of this.
I think it’s important to note that their significant increase in wealth was due to the fact that the stock market was on an insane bull run and most of their wealth is tide to it. Comparing this to bank return rates isn’t fair.
They could not in fact send $18 dollars in cash to everyone on the planet. Ending world hunger and malaria, its not as simple as throwing money at it.
I am all for denoucing greed and think the rich should be taxed a lot more than they are and they must be given less options to avoid taxes, but that post is just a little “silly”.
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They could not in fact send $18 dollars in cash to everyone on the planet. Ending world hunger and malaria, its not as simple as throwing money at it.
When people use examples like that are not meant as a panacea but as a simple comparator for people to grasp the scale of the situation. It’s like saying ‘if you took all your veins out and laid them end to end, they would extend to Mars’, isn’t posited as a suggestion.
Anyone who thinks that issues we face as a species can be resolved either by throwing money at it or by throwing all the billionaires into a human sized blender and live streaming it, probably think that national and global economies are exactly like household budgets and it’s just a case of ‘balancing the books’
choppy french boi will save us all
Meanwhile they have used the pandemic as an excuse to cut wages and generally make workers’ lives harder, while saying that “we’re all in this together”.
Calling the rich pigs is an insult to pigs.
