Do you support sustainability, social responsibility, tech ethics, or trust and safety? Congratulations, you’re an enemy of progress. That’s according to the venture capitalist Marc Andreessen.
Do you support sustainability, social responsibility, tech ethics, or trust and safety? Congratulations, you’re an enemy of progress. That’s according to the venture capitalist Marc Andreessen.
It really depends on how you “get rid” of billionaires.
If you do it in a way that ties a wealth limit to minimum wages, then we won’t have billionaires until they raise the income of the lower class to a point where the economic climate permits billionaires. Tying it to a fixed 1,000,000,000 monies would be a horribly flawed design because it would not be inflation proof and would vary across currencies. After all, a billionaire in dollar$ isn’t the same as a billionaire in ¥en.
Within a socdem or capitalist society, neither of those solutions would be effective at eliminating billionaires or the inequality that comes with their existence. The only solution that could guarantee an elimination of billionaires is to seize their property and wealth (they can only have 1 house) and establish a socialist society.