Thought: I do NOT think that 50% of the world’s billionaires should be women. I think there shouldn’t be any billionaires at all.

epicoruulterra:

apathetic-revenant:

patrickat:

fandomsandfeminism:

bigotedsjw:

fandomsandfeminism:

whenandwhereienter:

twodotsknowwhy:

fandomsandfeminism:

aflawedmind:

fandomsandfeminism:

caosdth:

fandomsandfeminism:

cardboardfacewoman:

So you are saying 0% of the world should be billionaires?

Yes.

Why shouldn’t their be billionaires? That makes no sense.

Because the existence of billionaires is predicated on the exploitation of human labor and unsustainable environmental harm.  That level of wealth hoarding is harmful to economies, as it reduces the amount of money in circulation. No one person, no family, could ever conceivably even SPEND a billion dollars anyway, and  it is inherently immoral to accumulate wealth so narrowly while so much of the world lives in abject poverty.  

Better then to create a wealth ceiling, a point at which all wealth over a certain point  is taxed at or very near 100% to incentivize people to actually spend their money rather than hoard it, stimulating the economy and bettering the lives of far more people. Better even still to create and regulate economic systems that protect workers and the environment in a way that such extreme levels of wealth accumulation aren’t even feasible. 

The problem with this is that it reduces the incentive to actually do fiscally well. What’s the point of starting a business if you can’t become wealthy?

There is a very real difference between “reasonably wealthy” and A BILLIONAIRE

No one is saying you shouldn’t have a nice house, we are saying that having multiple really, really ridiculously nice houses while your employees are either homeless or at serious risk of becoming homeless is immoral.

I’ll never understand why this concept is hard for people. I think it’s because they can’t actually fathom how much $1 Billion is.

Seriously.

Let’s say you have a badass job. A great job. You make $100 AN HOUR. You work 10 hours a day ($1000 A DAY), 5 days a week ($5000 a week!!!), every week ($20,000 A MONTH), thats $240,000 Every Year.

It would take you 4,167 years to make a billion dollars.

Yet even more people who cannot distinguish net worth from liquid capitol. *sigh, just sigh*

My favorite argument is “But the king isnt REALLY rich. He doesnt have PILES of gold laying around. He just owns the castle and all the land in the country! Those arent liquid assets.”

As if, “His net worth is over 100 billion, but only 2 billion of that is cash,” is supposed to make us wonder how the poor guy makes it through the day.

“what’s the point of starting a business if not to become wealthy”

I dunno…doing something you love? creating a product or offering a service you see a need for? earning enough money to support yourself and your family?giving back to your community? just cause you want to? 

“BUT WHAT ABOUT INCENTIVE!!!”

Here’s your incentive, the same incentive that drives me and everyone else to work. BECAUSE WORK NEEDS TO BE DONE. If the existence of people who have more money than they could ever spend in their lifetime truly drove people to succeed, everyone would be billionaires. There are immigrants who get payed less than minimum wage under the table that work 100x harder than any billionaire in existence and still live in poverty, but some jackass who inherited their parents wealth or created a fucking website somehow deserves the right to live like gods??? Fuck that. Seize those means my comrades. Redistribute their wealth.