this post was submitted on 31 Oct 2024
489 points (90.4% liked)
Political Memes
5431 readers
2320 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The economic system should not permit such extreme wealth accumulation. It is damaging to society.
But the question is: how? If you look at every other system that has been tried you see the same results or worse. Many systems just end up picking a different set of winners.
I’d like to try LVT because the arguments for it are pretty strong but you never know until you try it and see what happens. I’m far more concerned about mass homelessness and people struggling to afford rent than I am about billionaires. Unless of course those billionaires are corrupting the political system like Musk and Bezos are trying so hard to do.
But those issues are connected. Even billionaires who don’t go as far as Musk are still sucking up the political oxygen and disempowering marginalized people. They are buying up finite resources like land or prime real estate in city centers or media time and space.
I agree that the how is an important question but I think there are many options and it’s worth it to keep trying despite some past failures. Extremely high tax rates, decaying currencies or negative interest rates are some possibilities. Or just build an alternative free economy that doesn’t involve money. I’d like to try as many things as possible to see what works best.