If all the money ends up in hands of billionaires and their corporations and there will be no money in hands of regular plebs…
Who do you think will have to pay the taxes?
Also, the people would figure out a different way of trading or currency. And with that one getting taxed, all the billionaire’s money become worthless.
Then the plebs reach for the scythes and the machetes.
That’s why the billionaires steal as much money as they can, but stop short of making a critical mass of people desperately poor: they keep most people poor enough that they try to fight for what little they have left, and between themselves for the scraps, instead of uniting and rising up against the kleptocrats who engineer their poverty.
You’re talking as if the billionaires are a group of organized people who know what they’re doing and act accordingly in a coordinated way.
I think the billionaires are a group of individuals, each trying to maximize their wealth, and they will absolutely take what they can get, because if they don’t, some other billionaire will take it.
And i see no evidence that they would stop short of causing mass poverty that will lead to riots.
The billionaires are not following a nefarious master plan that they agreed upon. They appear coordinated because they all act the same way, all mindlessly following the same instinct of greed that’s programmed in their genes. Just like bees or ants appear to work as a team, when in reality they’re all following the same simplistic automatic behavior.
yeah it’s convergent behavior. like they all independently arrive at the same behavior which causes the illusion of coherence where there is none.
That’s the subject of the chapter on the anarchist FAQ I was reading last week. Goes something like this: governments exist to serve the billionaires. When governments do something meaningful to other people it is a tug of war to reach a compromise, always with the goal of preserving the status quo.
We’re slowly getting to the point where they’re get too greedy and moving past that critical mass point. I think Trumps presidency really turbo charged the idiocy.
A lot of rich fucks are starting to feel the danger though:
https://time.com/article/2026/04/15/-it-beats-pitchfork-rebellions-and-the-guillotine-why-these-super-rich-americans-are-asking-for-higher-taxes/
https://www.theguardian.com/business/2026/jan/21/millionaires-billionaires-taxes-super-rich-mark-ruffalo-wef-davos
The billionaires are so out of touch that they have no idea how desperate the masses are becoming.