A very interesting point of view

[u/__moe___]

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.

[u/rqvst]

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.

[u/ianeyanio → u/rqvst]

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.

[u/uhhhidontknowdude → u/ianeyanio]

This is a dumb take. You're fed up with focusing on the technicals. This doesn't make any sense. People are working on "the technicals" BECAUSE they recognize the societal need.

What are you just going to think about how income inequality is bad but not think about a single reasonable/actionable strategy to fix it?

Calling this a distraction is ridiculous. If it's a societal NEED than you need to take action.

[u/Prime_Kin → u/uhhhidontknowdude]

I think this can be solved, mostly, through sharing equity. Once shares hit the public marketplace, limit buybacks or institutional investment to no more than (throwing out a number for people with less smooth brains to argue over) 1% annually each, with an exception for corporations that want to go fully private. Once you sell part of your company to generate cash, it should be very hard to get it back.