LINK Robert Reich: Should We Abolish Billionaires?
Putting the wealth gaps into perspective.
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Feel free to reply to any comment by clicking the "Reply" button.Let’s say that instead of ten billion or whatever it is, that Jeff Bezos suddenly was worth ten trillion dollars. I don’t see how that would affect my life in the least, or anyone else’s. The same amount of goods and services would be circulating, available to all who participate.
Good regulations are needed however, and I have no objection to the four proposals in the video.
WilliamFleming
Level 8
June 2, 2020
1
Billionaires make their money by exploiting other people's labor and ideas. Eliminating billionaires might make it so that a person takes home more of the value of what their own labor produces... if changes are done right.
@snytiger6 As long as Jeff doesn’t eat up all the peanut butter I won’t complain too much.
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