this post was submitted on 26 Feb 2025
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The world would be better if there were no billionaires. That would be a huge help. Nobody should be allowed to amass that much wealth. And a financial system set up to prevent such a thing would ideally also offer more of a level playing field as far as individual wealth goes.
“Billionaires” (multi-millionaires in the late 18- early 1900’s) did help back in the day - they built libraries, schools, hospitals, orphanages, etc… but they were still absolute bastards that were anti-labor, killed people to avoid paying them more or giving them a decent work week, imported, abused, and discarded labor, among many other rich-barely-controlled-asshole things they did.