Should Billionaires Exist?

[Eskilon]

In a hypotetical scenario where you could decide if they are allowed to exist or not.

Yes? No? And why? I'm specially curious in unbiased and mature views though.

Share your views.

Edited May 27 by Eskilon

[Elliott]

Yes, but I support disproportionate taxes on the wealthy.

I support them being possible because some could, and have been relatively good. Many do better than what good would come from a contemporary democratic nation, Bill Gates for example, Yvonne Chouniard, George Soros, Jeff Bezos, the list goes on.

[BlueOak]

No they inflict more suffering than they solve.

Their drive for profit squeezes everyone: Financially, in their wellbeing, in their sanity and mental state.
Their biases unbalance otherwise collectively or governmentally run institutions or platforms. Often greatly lacking the knowledge or skill set to effectively run such positions.
Their biases encourage violence against those they disagree with or threaten their fortunes; they encourage mental illness and suffering in those minds they warp or effect for their own gain.

On balance.
They may solve a problem and improve an area of life.

[Infinity16]

My main thing is that profit should come from labor and capital as opposed to land. Since nobody made land, making a profit from it is rent-seeking in the original and literal sense (rent is literally profit from land). Landlords are parasites.

[NewKidOnTheBlock]

Do you want their companies to stop existing?

[Elliott]

1 hour ago, NewKidOnTheBlock said:

Do you want their companies to stop existing?

Of course: I'd rather have small business, partnerships, partnership projects, co-ops, an integrated non-corporation network. In my opinion centralization such as global corporatization is dangerous, promotes corruption, and generally stupid; consider the results: shit products, shit service, concentrated wealth, concentrated power. Even just global 'equity', I believe would result in a more peaceful world, reducing defense and conflict cost, reducing crime, bringing more people into the fold to participate in innovation of all forms including economics and governance, spurring MORE and better technological and systems advancement than funneling everything to the Ketamine King.

It's literally retarded, 'we want to concentrate wealth to help humanity, rather than helping humanity!', 'If we gave people a better start in life, they wouldn't do anything, so we should give the people that currently get the best start in life, we should give them the most money! Thats how we best help the people with the worst start in life!'. 'We need to concentrate the wealth so jobs are created for poors, "why not just take money from the rich?", if you make it easier for the poor they won't work as hard, its human nature. "But making it easier for the rich is good?" Yes!'

Edited 8 hours ago by Elliott

[Joseph Maynor]

You wish you were a billionaire lol.  

[Eskilon]

On 19/06/2026 at 5:22 AM, BlueOak said:

No they inflict more suffering than they solve.

Their drive for profit squeezes everyone: Financially, in their wellbeing, in their sanity and mental state.
Their biases unbalance otherwise collectively or governmentally run institutions or platforms. Often greatly lacking the knowledge or skill set to effectively run such positions.
Their biases encourage violence against those they disagree with or threaten their fortunes; they encourage mental illness and suffering in those minds they warp or effect for their own gain.

On balance.
They may solve a problem and improve an area of life.

I agree with you.

They solve problems, but that doesnt mean they should earn insanely more than other people. Especially while world hunger and other basic problems exist lmao.

[Eskilon]

1 hour ago, NewKidOnTheBlock said:

Do you want their companies to stop existing?

No, they can keep the companies and their prestige and recogntion so to speak. But the ammount of power they have is stupid just because they solved some problem. Take their money and feed it back to the system to solve basic problems that exist like hunger, housing and so on.

Edited 7 hours ago by Eskilon

[Eskilon]

6 minutes ago, Joseph Maynor said:

You wish you were a billionaire lol.  

lol, what can I possibly gain that already dont have by being a billionaire?

[Yimpa]

17 minutes ago, Joseph Maynor said:

You wish you were a billionaire 

Nah.

Edited 7 hours ago by Yimpa

[Ero]

I already have former classmates who are self-made billionaires.

Will take me longer because of the visa situation, but I am dead set on getting there. 

14 minutes ago, Eskilon said:

lol, what can I possibly gain that already dont have by being a billionaire?

Funding archeology to decolonize our history, metamaterials and fusion, genomics research. 

For the money Musk bought twitter, he could have sent JWST and the Hubble telescope to space, built the CERN hadron collider and still have $5B left. 

You could literally engineer civilizational jumps with that type of money. 

 

Edited 7 hours ago by Ero

[Eskilon]

4 minutes ago, Ero said:

For the money Musk bought twitter, he could have sent a Hubble and JWST telescope to space, build the CERN hadron collider and still have $5B left. 

You could literally engineer civilizational jumps with that type of money. 

Yeah, all that is cool, but is at the top of the pyramid. What about hunger, housing problems, waste problems, pollution, and so on? 

Maybe a bit like putting the cart before the horse don`t you think？

Edited 7 hours ago by Eskilon

[Ero]

Just now, Eskilon said:

Yeah, all that is cool, but is at the top of the pyramid. What about hunger, housing problems, waste problems, pollution, and so on? 

Brudda, when I solve nuclear fusion energy becomes free and so does desalination and hence food production, recycling etc. 

Socialism doesn't work, my country is picking up its remains after it. 

[Eskilon]

Just now, Ero said:

Socialism doesn't work, my country is picking up its remains after it. 

What we got in history wasn't true socialism. Far from it.

[Ero]

Just now, Eskilon said:

What we got in history wasn't true socialism. Far from it.

Maybe start reading history to see why we will never get it. 

[enchanted]

No

 

[NewKidOnTheBlock]

7 minutes ago, Eskilon said:

No, they can keep the companies and their prestige and recogntion so to speak. But the ammount of power they have is stupid just because they solved some problem. Take their money and feed it back to the system to solve basic problems that exist like hunger, housing and so on.

Those billions are not situated in their bank accounts, they do not actually have real access to that money. It's what their companies and assets are worthy, and they own a majority share of those respective companies (therefore they own them), but the rest of those shares consist of regular investors, allocating their money into their companies to make profit. If they (the billionaires) sold their shares it would cascade into every else pulling out their money as well as the value of the company would drop rapidly, hurting employes and the market it operates in general - then some other rich dude would buy the company (so nothing changes; the company is just worth a lot less), or the state buys it, after which it becomes innefiecient and shitty. Or, there's a third scenario - you can gather your socwokie buddies and make the products/offer the services these companies used to offer out of the goodness of your heart, I'm pretty sure that'll be enough and work very well

You'll not solve hunger and housing problem by redistributing money, that's not how it works. Not gonna actually solve it

[Eskilon]

4 minutes ago, Ero said:

Maybe start reading history to see why we will never get it. 

Just because it didn't work doesn't mean it will never work. Maybe get some basic reasoning.

Edited 7 hours ago by Eskilon

[eliasvelez]

No, I want 95% Tax for everyone over 100 million

Edited 7 hours ago by eliasvelez