@Gweipo77@cafreiman I and billions of people are creating value. Billionaires are taking the wealth generated by that creation for themselves. You have it exaclty backwards.
If every billionaire died tomorrow, the world would run just fine (I'd argue much better) without them!
@cafreiman In America, which went through a period called the Cold War, where every economist who even hinted that they had left wing beliefs was shunned from society.
You don't think that has downstream effects that last for decades? Of course it does.
@cafreiman It's also not a graph of what's possible with countries with systems other than neoliberalism and having lots of wealth.
To the extent it is, state capitalist Venezuela performs so much better than it's peer so on this graph. Likewise, Middle Eastern monarchies do not!
@cafreiman This is not a graph that shows neoliberalism works better than any other system. It's a graph showing that democracy works better than any other system, especially in countries with wealth.
@Gweipo77@cafreiman This rose tinted glasses view of The Market as some infallible god that is always right is just as absurd as thinking we should return to kings and queens.
The rich of today have power that is not accountable to anyone. That's not good!
@Gweipo77@cafreiman Additionally, if you do have more power over others, it should be granted to you by the people as a whole, and it should equally be able to be revoked from you by the people as a whole!
Again, that's what democracy is!
@Gweipo77@cafreiman In a society where the rich have all the money and everyone else has nothing, the rich would pay all the taxes. Does that make it fair? Of course not.
We don't benefit from a small group of people having all the economic power.
@anarchist_frodo You are a slave dude. And being able to quit to join another slave master isn't a choice 😂
You've only displayed here just how deep your slave mentality goes.
@anarchist_frodo Oh? Do you work at a company where you and your fellow workers have a say over how to spend the revenue you generated?
If not, you operate in a system where the people over you take your money and do with it what they want without your say.
@GKMasterson The system that you're keeping alive is the one that's screwing us all.
At best, Gen X will go down in history as too blinded to realize they're being taken advantage, and at worst, dogs who are too afraid to even bark at their abusive master.