I think that, somewhere north of $1 ~ $5 million is life-changing on its own. There’s no need for someone to have tens of millions or hundreds of millions. Tens of millions is like, changing multiple lives in a family with how much that can stretch.
Whenever someone has billions to their name, it is boggling to think about. That it becomes just ‘fuck you’ money at that point because more often than not, not a lot of billionaires out there being charitable. When they know they’re set for a few lifetimes just by a single billion alone.
No single person should ever have that amount of gross wealth.
Billionaires don’t have billions in their bank accounts. That’s not how wealth works. It’s not like they’re sitting on a pile of cash and just want more. The vast majority of it is tied to property and businesses. Thinking that just because one could comfortably retire that they should is kind of like telling a runner to stop running after having completed their first marathon. They’re a runner - runners run. A person who became a billionaire views making money the same way. It’s what they do. It’s what they’re good at and derive meaning from.
This is a strawman argument used by dishonest business types who think everybody else is dumb about how wealth works. Nobody is saying billionaires have billions in their bank accounts.
Right you are on the same page as the rest of the people arguing against the existence of billionaires.
The number of properties held by a person should be limited to one. Ideally having a clause saying that it has to be on rent for a regulated price. And individuals cannot own a majority of business unless it’s a one man job. I would like the world to head towards worker owned cooperatives instead of 0.01% hoarding 90% of the wealth.
So the entire neo-liberal thesis is that we should reward psychopaths. That’s kind of a non-starter for sustainable living.
I can’t begin to tell you the enormous amount of problems with this statement with regards to somebody’s mental health. You can’t be a billionaire without causing suffering to other people. Without leaving somebody else with the short end of the stick. Kindness is alien to people who think this is okay and should be encouraged. This level of worship of money is quite deviant because civilization evolved and thrives on cooperation, not on some misconstrued notion that a single person can derive so much “value” such that they can demand 99% or more of wealth.>
Means the only solution is the guillotine sadly.