Where do you draw the line for inherited wealth without qualifying for execution, what is the grace period, and how do you enforce it unilaterally without exceptions?
Or is the plan that you and your friends make the decisions case by case and are yourselves also exceptions?
No exceptions. It’s not hard to become less wealthy. The only allowance I’d offer is a warning 90 days in advance that continued retention of their obscene wealth will become a capital offense. They can unload their excess in that time frame and keep their heads.
The most important question is “how do you enforce it?” Does the roaming mob meet up daily to check everybody’s bank records? Or do you pass a law about it democratically, and if it’s that then why did you ever need to execute anybody in the first place?
I mean, Musk has how many kids? That definitely dilutes things. If you include the mothers, none of them would make it to 1 billion if evenly distributed.
Yeah I hate the 1% but you have to be extremely naive to think that just killing them is the answer when all of the mechanisms that led to their existence are intact.
Even if you killed the top 10 richest people every month you’d still have insane wealth consolidation, just with different family members on the chopping block each month.
The French revolution ended in utter chaos because they had no plan beyond killing the crown.
Yeah I hate the 1% but you have to be extremely naive to think that just killing them is the answer when all of the mechanisms that led to their existence are intact.
Ah, but who paid for those mechanisms to exist?
It’s not a perfect fix, but it’s a fix of some kind.
Worked out for the French eventually, and one could say Napoleon was mostly bad for the rest of Europe rather than all of France.
Sure, it will upset the market. Certain people in certain positions may change their mind about certain things. Perhaps some will rightfully fear the masses. But ultimately it’s all temporary so long as the system that allows for such individuals to appear still exists.
Scare them like we scared the last power-mad authoritarians. Publically and painfully parade the suffering of the oppressor, condemn them to death, and then pointedly scan the crowd for any more that want to express their undying loyalty to the fuher.
Worked for 80yrs last time. Bet if we record a few select billionaires getting drawn and quartered by their own delivery vans and electric vehicles might push it to a century.
They have to have more than one heir at any time though right? So like that can’t be true unless they own enough wealth that even when split and taxed their primary heir’s still have too much.
In that case I agree, rinse and repeat. No one should own more than something like 20 million in wealth.
I’m familiar with estates. I’d love to see or read any data you have on “a chosen heir or select few at most” being the only possible (or even overwhelming majority) outcome. That doesn’t make any logical sense and isn’t how it’s historically worked in the past from my knowledge.
I have no doubt the majority of cases show wealth being paid out to more than one heir on average and that the dilution, although obviously not enough to combat wealth inequality, is still some amount of dilution.
And by killing those 8, the wealth would be distributed such that 8 people would own the same wealth as half the world.
then don’t stop. just keep going.
this must be what Reagan meant by “trickle down economics”
Trickle down
“It’s a trickle…of blood!!” *da-dum!*
Where do you draw the line for inherited wealth without qualifying for execution, what is the grace period, and how do you enforce it unilaterally without exceptions?
Or is the plan that you and your friends make the decisions case by case and are yourselves also exceptions?
No exceptions. It’s not hard to become less wealthy. The only allowance I’d offer is a warning 90 days in advance that continued retention of their obscene wealth will become a capital offense. They can unload their excess in that time frame and keep their heads.
The most important question is “how do you enforce it?” Does the roaming mob meet up daily to check everybody’s bank records? Or do you pass a law about it democratically, and if it’s that then why did you ever need to execute anybody in the first place?
How is it enforced? A bounty system would work. 10% of any funds collected or forfeited.
No body will be executed. They’ll all figure out how to pry open their wallets and portfolios within the 90-day amnesty window.
I tell you what, when you legalize such a bounty system on all tangible wealth over a billion then I will admit it might work.
But if you could do that, why would you not just tax the rich?
We gather the top 8 and tell them #9 is being promoted to #1, either through a wealth tax, or a head tax.
Repeat at least annually.
How about the highest number gets to do the deed. Lowman gets to take out highman.
Edit: *Lowman on the totem
So a return to monarchy.
At that point we should just utilize democracy to tax them.
EDIT: I misread that as the #9 getting the wealth of the previous 8.
I mean, Musk has how many kids? That definitely dilutes things. If you include the mothers, none of them would make it to 1 billion if evenly distributed.
Yeah I hate the 1% but you have to be extremely naive to think that just killing them is the answer when all of the mechanisms that led to their existence are intact.
Even if you killed the top 10 richest people every month you’d still have insane wealth consolidation, just with different family members on the chopping block each month.
The French revolution ended in utter chaos because they had no plan beyond killing the crown.
Ah, but who paid for those mechanisms to exist?
It’s not a perfect fix, but it’s a fix of some kind.
Worked out for the French eventually, and one could say Napoleon was mostly bad for the rest of Europe rather than all of France.
I wouldn’t call the reign of terror, the Thermidorian Reaction or ultimate rise of capitalism “working out”.
The entire system we have now came into place because they had no plan and just let the merchan class become the new royals.
As opposed to what they had? They could be the UK right now.
No, but very satisfying.
I guarantee Musk has an estate planned by very expensive lawyers and bankers. The vast majority of his loved ones won’t recieve jack squat.
Yeah, it’s not enough to simply kill the wealthy.
Sure, it will upset the market. Certain people in certain positions may change their mind about certain things. Perhaps some will rightfully fear the masses. But ultimately it’s all temporary so long as the system that allows for such individuals to appear still exists.
Step 1: Kill billionaires and Trump to prevent them from stopping a new system being established.
Step 2: Establish the new system.
“and in that system I will be the billionaire”
Planning to make a plan is not a plan, really.
Scare them like we scared the last power-mad authoritarians. Publically and painfully parade the suffering of the oppressor, condemn them to death, and then pointedly scan the crowd for any more that want to express their undying loyalty to the fuher.
Worked for 80yrs last time. Bet if we record a few select billionaires getting drawn and quartered by their own delivery vans and electric vehicles might push it to a century.
I would argue killing them was always an unnecessary extra step that we could just skip over.
They have to have more than one heir at any time though right? So like that can’t be true unless they own enough wealth that even when split and taxed their primary heir’s still have too much.
In that case I agree, rinse and repeat. No one should own more than something like 20 million in wealth.
Theres this thing called estate planning where you decide how and when your wealth gets used after you die.
It doesn’t automagically get dispersed, it’s given to a chosen heir or select few at most.
I’m familiar with estates. I’d love to see or read any data you have on “a chosen heir or select few at most” being the only possible (or even overwhelming majority) outcome. That doesn’t make any logical sense and isn’t how it’s historically worked in the past from my knowledge.
I have no doubt the majority of cases show wealth being paid out to more than one heir on average and that the dilution, although obviously not enough to combat wealth inequality, is still some amount of dilution.
Shucks, I thought the blood coming out would magically irrigate every bank account and solve all unfairness.