- Billionaire wealth surged by over $300 billion in the first month of the year. It would take 15 million workers an entire year to make as much money.
- Since G20 Finance Ministers agreed to work together to effectively tax the super-rich in July 2024, billionaires have pocketed over $1 trillion in new wealth.
- More than 50 organizations from across the world are urging G20 leaders to tax the super-rich to end extreme inequality, and invest in climate, environmental and social action.
Every year…
I honestly don’t care anymore. What’s the point of getting outraged over this when we could be speding that time and energy into building guillotines.
I’ve said it before and I’ll say it again: guillotines are not the answer. Modern people won’t respond to it. Too old school, too boring, you need a spectacle.
On an unrelated note, woodchippers are cheaper than you’d think.
Come now, you rich, weep and howl for the miseries that are coming upon you.
Your riches have rotted and your garments are moth-eaten.
Your gold and silver have corroded, and their corrosion will be evidence against you and will eat your flesh like fire.
You have laid up treasure in the last days.
Behold, the wages of the laborers who mowed your fields, which you kept back by fraud, are crying out against you, and the cries of the harvesters have reached the ears of the Lord of hosts.
You have lived on the earth in luxury and in self-indulgence.
You have fattened your hearts in a day of slaughter.
You have condemned and murdered the innocent one, who was not opposing you.
James 5:1-7
Now if the so-called “Christians” who support Trump would actually read the Bible….
Wild how much Musk’s wealth surged after the election and has only slowed its growth due to Tesla stocks suffering from their bullshit
It truly is a brilliant way to make bribes and under-the-table payments… just pump up a guy’s stock. You make him richer, and you could potentially get richer as well. And it’s legal.
Compost billionaires
The working class is getting awfully hungry…
Removed by mod
Time to invent a new currency
Edit: lots of economy illiterate people here it seems, it’s important, go learn some!
The billionaires are already in the business of inventing new currencies as a method of wealth extraction. So unless the new currency is billionaire scalps, it’s not going to do anything.
Awe fuck. Time to go back to grow our food and learn a trade so we all can trade our skilled labor/services in some sort of online marketplace that doesn’t use a currency.
You always end up with a currency. But if it’s a finite, redistributed (so, collected and redistributed) it can work. IMO.
Hear me out: the currency is to be made from the hide of billionaires.
What will that achieve here exactly?
Potentially a reset of the hoarding.
Better tax them but that doesn’t seems to be on the table any more.
… They’d just trade in their riches for the new currency. Billionaires aren’t holding their wealth in cash
Yeah but it could be an inflationnary currency for example.
Not really? Why would it?
Who will control it? Will people with money be able to buy it outright?
Not going to help
