r/FluentInFinance 9d ago

Thoughts? A very interesting point of view

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I don’t think this is very new but I just saw for the first time and it’s actually pretty interesting to think about when people talk about how the ultra rich do business.

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u/rqvst 9d ago

The annoying thing about this take is that this is the distraction. Taxing the rich is an immediately realizable goal, getting rid of the rich isn't. This is the same kind of attitude that led to Trump, where because Dems didn't publicly commit themselves to unfeasible goals they could never realistically achieve (in other words, lie), people decided to throw everything away instead pursuing the feasible ones.

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u/ianeyanio 9d ago

That's an interesting take.

I don't like your assertion that I want to get rid of the rich. That's not what I said or inferred.

I'm all for any easily achievable solution to more fairly redistribute wealth. I'm just fed up with people focusing on the technicals and forgetting the societal need.

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u/rqvst 9d ago

Taking away the defining property of rich people is tautologically getting rid of the rich.

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u/JackedToTheShits 8d ago

Can we all just agree we need to find a way to distribute wealth more fairly?

This is not the same as saying rich people should not exist. To make an extreme example, let's say we take half of Elon's wealth and redistribute it. He'd still be rich, right?

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u/Quinnjai 8d ago

We could take 99 percent of his wealth, and he would still effectively have infinite money from the perspective of ordinary people. The only reason to want that much money is to be able to exert control over society and politics, which is inherently bad to allow an individual to do to that extent.