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points by oulipo 3 days ago | 0 comments
Exactly. That's why we NEED THE STATE to intervene and ask for wealth redistribution, because employers won't do it willingly
[–] dd8601fn 3 days ago
We know what this looks like, over all of human history, and it’s not 300m people living comfortably on checks from the government.

We do need to do something, and soon, but “tax those guys a lot and send the proceeds to government services or pittance checks” isn’t going to cut it.

[–] oulipo 1 day ago
It's not "tax those guys", it's "tax those corporations making profits to redistribute them fairly"
[–] kakacik 3 days ago
Wealth redistribution doesn't have to be 50% tax rate for billionaires for their current wealth you know.

If can be just factually and morally correct step of taxing given company for income from given country and thats almost it. Maybe close few biggest loopholes how to hide income while having massive revenues. None of the faangs operate like that, with such move their revenues and stock prices would fall down since part of valuation is based on continuing this tax scam/fraud.

This would spawn few hundred billions globally to start with. Of course tech bros et al would launch some massive PR counter-campaign also here, thats all fine and expected.

Will it solve everything? No but will set a better path for future while helping also right now massively. If you have kids and cared even a little what world they will inherit from us, this is how you build its foundations. Not hoarding money at all costs and fuck the rest since everybody relies on rest for existence and thriving.

[–] neutronicus 2 days ago
Taxation is probably a dead end, vs actually nationalizing and re-tasking relevant assets on a case-by-case basis.
[–] bluerooibos 3 days ago
That didn't happen when we got computers to do more work for us, over the last 30 years, and it won't happen now unless people get violent.

Massive productivity gains over the last few years and the rewards have all gone to shareholders, not working class people.

If they had, and workers rights, minimum wage etc had kept pace with the economy, we'd be on a 3 day week by now.