The system is broken.
His shitty IPO is coming up, so that’s gonna sink soon.
How much of that 800 billion is SpaceX though? I figured it would mostly be Tesla.
You know, we could all work together to make sure he doesn’t.
I genuinely hope he or pat of his person quits before that and he becomes the too close to sun example in real life.
Only a matter of time until someone else is a trillionaire then.
Same for them and anyone else. I mean, so many people die or get severe health issues every day. I just want some statistics to work that way that’s all. You know how COVID specifically was bad for older people, I am interested in the statistics of something else that’s specifically bad for billionaire class.
Western culture celebrates greed, and remains silent on colonization.
Remains silent?
I’ve heard much about colonization, and I’m in the Western culture. That’s, like, the exact opposite of silent
Musk isn’t worth US$800B, it’s how much he’s been permitted to hoard.
No one can earn a billion dollars, that level of wealth concentration can only ever be forcibly extracted from the work of millions of others, or gifted from someone who did.
Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
Corporations are the only ‘persons’ which should be subjected to capital punishment, but billionaires should be euthanised through taxation.
Okay but hear me out: guillotines are really fucking cute.
I’m by no means against deploying a sharp edge with guardrails, I just see guillotines taking many forms.
You could take their money at the same time as their heads, but I’d argue it more fitting for the experience of extraction to be drawn out.
This isn’t about the symbolism. This is about the actual machines. I think they’re cute. We’re at least chopping up some watermelon even if we run out of billionaires.
You realize that it is on the back of stocks worth 350+ p/e ratios right? At 30 p/e he is broke.
He is worth that much because we a country we are winning to buy his stocks are huge earning ratios.
But the magic here, is it’s basically untaxable. The second you try to tax his unraised gains, it ask vaporizes as investors flee.
All the more reason to do it
Why, you would gain nothing and the best case you will vaporize an industry that is the last flight to keep some jobs in the countries before they moved to China byd
Vaporize? The land and equipment aren’t going anywhere. Reorganize the parts of the parts of the business that are actually, physically real and let the workers decide how best to put them to use instead of an egomaniacal Twitter addict.
If we killed Elon Musk and took all of his assets, we could buy every homeless person in the US a $990,000 house.
If we killed Elon Musk and took all of his assets, we could eliminate world hunger for 24 years.
If we killed Elon Musk and took all of his assets, We could buy every NFL, NBA, MLB, and NHL team. We’d have enough money left over to also buy the top 20 European Soccer teams.
If we killed Elon Musk and took all of his assets, we could fund NASA at its current budget for 40 years.
You had me a we could kill musk.
These are true facts, however it’s also true that we already have a number of unsold homes on the market greater than we have number of homeless people. We already make enough food to feed everyone. We just choose to let people sleep hungry on the streets. That’s what our democracy has voted for.
So what does musk’s billions and trillions matter? He could have two trillion tomorrow, and we’d still have enough money as a country to take care of everyone, and we would count up the votes that say not to.
These are just examples meant to give context on how much money he has.
Alternatively if we just took all his assets and didn’t kill him we could put Elon Musk to work in an emerald mine in South Africa and get some added value.
Now that’s a capitalism!
I feel like that wouldn’t be a net gain. How does science feel about his fresh juicy organs?
I personally haven’t ever owned an emerald mine. How often do they conduct the math which weighs the value of a miners output versus the value of their biological mass as a food source?
The first part of their little equation might work, the second part though…
Sounds to me we should kill this Elon Musk character.
You couldn’t. You would have to sell stock that is at 350p/e ratio. The second you kill him the stocks would lose 800 trillion overnight and you couldn’t realize 90% of that.
Nah. Do what rich people actually do, take a loan out against the stock holdings.
But that wouldn’t work when the stocks lose all the value
Huh, I had no idea that bootlickers were allowed to post here, but here you are, showing your ass to the world.
That guy’s post history is so chock-full of awful bootlicker takes that it’s indistinguishable from an astroturf bot.
And yet no one here can actually figure out how to tax billionaires.
So smart.
Oh yeah I misread the original statement. Tesla is a meme stock so they probably would lose value.
Your plan is too bloodthirsty.
We just need the assets.
The execution part is a warning to others.
Yeah im against bloodshed generally as a rule but I bet the altruism would skyrocket.
Put this into a trolley problem and see the results.
When that one healthcare CEO got shot the health insurance companies paid out on their promises for like a solid week. How long do you think on Musk would drive “altruism”?
I mean, there are ~3,500 billionaires in the world.
So, to drive altruism we need to kill one per week, so that’ll last us some 67 years. Longer if we also qualify everybody over, idk, like a hundred million? Sounds like a glorious epoch of love, compassion and ritual sacrifice.
I have no idea if theyll get jaded to the concept and it’d lose its effect, or if there’d be a stacking effect.
More research needed in this area first
I would argue that the cult of wealth doesn’t work like that. Musk needs to die to fully separate from his assets.
I don’t need the assets I require justice.
ju
sticeJuice!!
Musk has assets, not money. If everybody of the 8 billion people would get $100 worth of those shares nobody could eat one bite more unless some people start buying the assets and restart the cycle.
Musk has control over companies, over capital. When do people start doing the same, as people, instead of handing their money and control to index funds?
Billionaires lend against those assets, so they can buy stuff. Does Musk sit under a bridge, 'cause he has “only assets”? Where does the money come from?
He lends against his assets. Once the bank wants to collect, his assets are worth more, so he lends more and stays afloat. Bonus points: he’s saving on taxes now, 'cause he’s in so much debt.
If everybody had those shares, they could play the lending game as well. Only, they can’t, because nobody lends against one share ¯\_(ツ)_/¯
So the problem is that not everybody is rich?
Meanwhile everybody could vote for a party that supports universal healthcare and UBI. Musk is not the problem. Focussing on Musk distracts from the possibility that the next election can change everything.
In reality when that happens, the other monkeys beat the hoarding monkey to death and redistribute the hoarded food. (by redistrubute i mean have a feas and no more hoarding asshole)
If only we could really get back to our roots and be more natural
Part of the problem is all the fucking morons saying that the world economy isn’t a zero-sum proposition. If the economy isn’t zero-sum then we can just give everyone a billion dollars on paper and they could just buy their own houses. Inflation, what is that?
Do you have any concept of how many average houses a billion dollars could buy you?
Assuming a house is $400,000 to be generous, it is ~2,500 if we ignore taxes and fees. Elon musks “wealth” could buy just about 320,000,000 nice family homes in most US states.
Thats a house for nearly every person in the US if we liquidated just his hoard. The next 20 billionaires have at least $100B according to the live Forbes list. There are >3,000 more of these parasites.
And these fuckers are hoarding houses too. Not to mention throwing away food and medicine in the name of profit.
The bootlicking is pathetic.
Have you misread my comment so much that you think I am in favor of billionaires? I absolutely know how much good could come from taxing billionaires on their wealth rather than their “income”. I understand that the world economy isn’t zero-sum and that every billionaire is a parasite that sickens society as a whole. Please re-read my comment and see that I am not a bootlicker.
Yes, i struggle with syntax sometimes. My comment previously said “your” bootlicking. I changed it in case i misread your comment; though i felt the statement important enough to leave for any would be bootlickers.
Edit: i said liquidate, not tax.
Inflation is dictated by the market. We eliminate the markets.
Apparently /s is still required even if it is obvious.
I hate people writing about his “worth”. He’s worth shit. He robbed 800 billion from us.
Literally yeah exactly how it works. He skims the value created by labour and free gifts of nature and magazines pretend like it’s a good thing.
It’s like imagine if this world is an all you can eat buffet, riches and bounty overflowing — enough for all. Then this asshole shows up and claims a whole row.
Not how it should work.
He didn’t take any money from you. His stocks are worth that much because of investors. If he died his stocks would lose 90% overnight. That money you think exists, doesn’t.
Yeah, I doubt that. Sure, the overinflated stock makes the number go big, but he didn’t get there without seriously harming everyone on his way.
He’s trying to break unions wherever he sees one. He’s trying to break governments in different countries whenever he thinks they might threaten his way of life. He cheaps out on sensors that could make his shitty cars a little less lethal.
He’s a threat on everybody’s pursuit of a good life to enrich himself just a little bit more. Just some billions, he definitely needs those. He’s cancer, and he wants to grow.
Just wait until you find out about the other ceos, other governments, ect.
Yeah, I don’t see why you think they weren’t in my focus.
deleted by creator
I am firmly convinced that most of the problems facing humanity can be traced directly back to billionaires like him.
It’s quite simple: you can only become that rich if you are an utterly inhuman, unscrupulous monster. Unfortunately, it is precisely these monsters who rule the world, and they have created systems that require you to be a monster in order to succeed.
Have you considered that maybe he just works 1-10 billion times harder than the rest of us, and therefore earned that money fair and square?
/s
Oh, right, sorry, I completely forgot that this guy has amazing tech-genius superpowers and works as hard all by himself as millions uppon millions of us pathetically useless plebs put together…
Also /s, of course :)
A healthy society does not have billionares, indeed.
at least not ones that have a “good head on thier shoulders”
I don’t care at all about how they acquired their wealth.
Its just not in anyone’s best interest to have so much wealth horded and controlled by one person.
He’s using that money to influence social norms and political outcomes. It means he’s pretty much the unelected supreme leader of the terran empire.
I am firmly convinced that most of the problems facing humanity can be traced directly back to billionaires like him
No doubt about it.
It’s quite simple: you can only become that rich if you are an utterly inhuman, unscrupulous monster
Unfortunately, it is precisely these monsters who rule the world, and they have created systems that require you to be a monster in order to succeed.
As for a solution…
that’s true but capitalism is better than socialism because capitalism is real, socialism is a “what am i thinking of today” fantasy where all your protest dreams come true
unicorns are rad
For him, giving someone enough money to become a multi millionaire on the spot takes as much money relatively as handing some change to a beggar does for me. He could hand out $100,000,000 every single day (!!!) and even if he doesn’t gain wealth in any other way, it’d take him almost 22 years to run out of money. Or he could pay 400,000 people $100,000 a year to just go around and tell everyone how great he and everything he does is and the money would last 20 years.
Wealth like that is a serious threat to society, probably even the most serious threat.
Having power and wealth destroys empathy for less powerful people on a physiological level. That allows them to exploit people harder to get more wealth and power.
Taxing they wealth away doesn’t work. Maybe just put people in jail for every year they have x amount of dollar. You can be free or wealthy, not both.
Just an FYI, that goes all the way down the power chain. We tend to have less (instinctive) empathy for people below us. It’s not we actively want to do them harm, but that we just don’t think about them at all.
E.g. when did you last take proactive action to help the exploited workers harvesting chocolate? You likely never even thought about them.
The problem is that people like musk look down on us the same way. We get smashed by their indifference.
The best long term solution is a tax system aimed at “regression to the mean”. I.e. exceptional people can get rich. However rich, “average” people will regress back towards average income and savings. Conversely, an averagely capable poor person should easily climb back up to average income levels.
Basically change the graph from a hump to a bathtub shape.
Your system has a flaw from my perspective. It ignores the effect of wealth on capability, especially in youth. People who are already less “exceptional” - say, mentally challenged - would stay poor through factors outside of their control. On the other side, people who are “exceptional” are most commonly so because of the benefits wealth brings, so the way i understand your system, it will cement the status quo - the rich stay rich because of virtue of being rich, the poor and uneducated stay poor because they are poor and unremarkable.
It’s not perfect, but no system is. The goal is to keep a level of equibility, while also allowing the good to benefit from their own efforts.
If the rich invest in their children, and make them exceptional, that’s fine. Trying to get parents not to do that goes against extremely strong instincts. The goal is to make climbing the wall harder, not impossible. If the child buckles down and takes advantage that’s fine. If they slack off and coast, they will coast back towards the mean income level. They won’t get the run away effect that happens currently.
A lot more can be done at the bottom. Giving poorer children the education and support facilities needed to reach their potential would make a huge difference, for a relatively small investment from society.
It’s also worth noting that I’m also an advocate for UBI. There should be a floor on how poor people can be. As a society, we can afford to support that.
That’s what I keep saying about Taylor Swift, but people just tell me that I’m a crotchety old man.
There are degrees of evil. Just as some cancerous cells can be benign, there also can be less harmful billionaires.
It’s important to concentrate on the ones that are an existential threat to humanity first and foremost so we don’t lose the world pointlessly chasing after the harmless lumps.
I agree with you. But if that’s where we are, I feel that statements like:
…you can only become that rich if you are an utterly inhuman, unscrupulous monster…
Are unhelpful at best and actively alienating to potential allies at worst.
Even the most benign is unlikely to be an ally. When push comes to shove, they’ll choose their money over humanity.
I work with a Swift fan. They’ll cut you if you talk smack, lol. I don’t get her appeal but the observation of her fans is real.
This is an oversimplification.
He ALSO stopped us from having good public transportation, built a dangerous deathtrap maze of underground tunnels, built cars that straight up murdered people, and blew up billions in taxpayer dollars multiple times.
He also funded a cannibal pedophile ring
… Which they didn’t let him be part of because he was too cringe. That will never stop being funny to me. Even the slimiest, shittiest people on Earth thought he was garbage.
😍
worlds biggest cancer cell continues growing
Literally discovered an infinite money glitch that admins refuse to patch, despite severe balance issues
Luigi was right.
