• Phoenixz@lemmy.ca
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    3 hours ago

    Better solution: world wide wealth caps. WWWC, if you will

    Just your normal tax brackets but with one extra one that says that nobody can be worth more than, say, 10 million dollars. Anything over that goes straight not taxes until you’re below again.

    For companies, make it a billion dollars

    This way, nobody can become extraordinary rich and or powerful

    Nobody can pressure others or influence large groups with money because nobody can

    Companies will require a huge amount of small shareholders so no one single shareholder can influence a single company

    Governments will get a huge influx of money which they can use for a huge social network with free healthcare, free education, UBI (Universal Basic Income) and so on.

    With that, no more poverty. Everyone can have a standard minimum living where they have a nice little home, all the food and healthcare and education they’d need, and if someone wants a little more, they can work a little more, but nobody can get over 10 mil.

    It would eradicate poverty, and much of -or most- crime, as money is the incentive of much of the crime in the world

    Governments can make world wide investment foundations that can fund independent press agencies with the single requirements that they always try to be as unbiased and honest as possible

    Companies can’t have a networth over a billion dollars, so instead of 1-3 giant companies, we’ll have thousands, of not millions of smaller ones.

    Companies will no longer have incentives to cheat and or fuck over customers or the environment because why would you of you reached the limit and you can’t earn more anyway? Focus can go to quality and safety again

    I see a huge amount of pro’s here with … Well, I don’t even see cons

    I know this requires that we implement this world wide, but that would be the only complication. The rules themselves are simple and basic. I know, there are a lot of details that willl emerge that need to be handled but anything is better than the oligarch shit we have now and this to me sounds like a Utopian society, really, or as close as we can get to them