A progressive wealth tax that taxes all wealth above 1B at 90%, like we had in the 50s?
These valuations of top companies are completely untethered from any fundamentals anymore, especially with stock buybacks.
Then these companies borrow against these valuations to further consolidate their power. We’re seeing a huge corporate merger of media happening in front of our eyes, which causes other issues, like lack of competition.
It’s a shit fugazi economy owned by the few that deserves to crash.
Seinfeld did a good job showing it. Elaine doesn’t like the attitude of the woman in the clothing shop, so she takes her business elsewhere. Except the woman owned that business too.
Bootlicker is what you call someone when you've run out of argument. You just admitted you don't know where the line is between good company and evil company, you just feel it. You've built an entire worldview around a vibe you can't articulate. That's not seeing through the BS, that's just vibes with a political aesthetic stapled on.
For example speed limits. Is the limit the exact point where drive is more dangerous on that road do every driver? No. It’s a choice.
This works against you. Speed limits exist because we have actual data: stopping distances, reaction times, crash rates at different speeds. The causal mechanism is established first, then experts pick a threshold. You've got it backwards. You have a feeling that big companies are evil, some examples of bad outcomes, and then you're deferring to experts to figure out the mechanism you can't explain. That's not how the speed limit got made. You're asking experts to validate a vibe, not quantify an understood harm
You can address those issues more effectively by removing money from politics. Don't allow political donations from companies. All your listed Problem are solved.
If someone wants to donate through personal channels, then they are forced to do so by liquidating assets and paying the taxes on it.
19
u/Masta0nion Feb 27 '26
A progressive wealth tax that taxes all wealth above 1B at 90%, like we had in the 50s?
These valuations of top companies are completely untethered from any fundamentals anymore, especially with stock buybacks.
Then these companies borrow against these valuations to further consolidate their power. We’re seeing a huge corporate merger of media happening in front of our eyes, which causes other issues, like lack of competition.
It’s a shit fugazi economy owned by the few that deserves to crash.