Flippanarchy

It’s an interesting and hard problem. Because most billionaires don’t own billions in cash - they own companies that are worth billions. These companies also don’t have billions of assets - they are valued at billions by investors.

The problem is that musks and bezoses of the world didn’t start with billions - they started with millions and lucked out. So to prevent this from happening you need some system that can fairly catch a moment where a business becomes too big and do something about it.

You can’t really cut the majority owner out, because well they own the company - you can’t just take away what they own. But you can’t really pay them some ceiling cost either - you’ll just end up making someone else a billionaire.

People using violence to gather resources and power to themselves has always been the state of humanity. Capitalism is just a present day version of that.

Power is never relinquished willingly. Only through the threat of violence, or by actual violence.

I'm sorry but this is a nonsense over thee top argument. This is the same as saying "do you support the rampant murdering of your opponents, and if you don't, why do you support anarchy?"

Everybody can make dumb statements like that.

Every system, be it communism, capitalism, anarchy or other can and will be abused. There will always be those trying to become a dictator type asshole, see Stalin, for example. The only way for any system to work well is to put laws in place to limit what cheaters can do. For capitalism that would be tax the shit out of he rich, anything over 10M in personal wealth should be taxed at 100%. There is no right for anyone to be extremely rich.

Capitalism has good parts and whether you like it or not, it's by extremely the most successful to move humanity forward . I have zero problems with a capitalist system that would work like this. Limit company sizes to 500 employees and a billion dollars max in value. Again, tax anything over thst at 100%.

This will get you loads of smaller companies that will have to compete for employees, it'll be easier to force them to obey the law.

This will get you a shit load of money in a government that can then use that for a socialist system that pays for free healthcare, free education, free housing, free great public transportation, etc.

I think that idea is that a healthy, well-balanced capitalism (with working competition and anti-trust law) would make this imposible. It's a good argument agains cronyism and other broken form of psudo-capitalims... which most reasonable poeople would agree are bad regardless on theier political aligments. Capitalims shoudn't have monopolies. Period.

Tired same old Internet argument garbage, where every argument is against the worst possible absolute of the Other.

The short answer is "numerous regulations and laws exist" and the long answer is that Capitalism pays the paychecks of everyone who controls basically everything, so it's not going away, and the best you can do is enact sensible regulations on it. Because you and everyone else don't have the ability to change any of that really.