Aspen Anti-Billionaire Society

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A community dedicated to spreading awareness of the negative impacts of the billionaire class, especially the 250 richest people on the planet

We believe that the existence of the 0.01% comes at a cost to the rest of us, even multi-millionaires, and hope to spread awareness of this problem among the 1% (who have the most resources to affect change)

All discussion and links related to wealth inequality and related activism are welcome. We hope that this community can serve as an easily accessible repository of information about wealth inequality

Please meet disagreement with civility so we can foster productive discourse

founded 2 days ago

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ToastedRavioli@midwest.social

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Where Did All Your Money Go? (midwest.social)

submitted 2 days ago* (last edited 2 days ago) by ToastedRavioli@midwest.social to c/aspen_anti_billionaire_society@midwest.social

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See the stickied comment below for an explanation and statement of our purpose, based on simple back-of-the-napkin math

E: if someone could please link this community to r/aspen and r/roaringforkvalley I would greatly appreciate it. I’ve been IP banned by the all powerful AI mod monster, like many folks on Lemmy

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[–] gusgalarnyk@lemmy.world 2 points 23 hours ago (1 children)

I'm not debating magnitudes dude. The question is should a functioning society allow for someone to accumulate 12 billion USD in networth? Now answer that same question for 1 billion? Now again for 500 million? Now again for 100 million? Now again for 50 million?

The answer is no. Plain and simple. I don't care that I'm closer to 100 million than 100 million is to 12 billion, to simplify your point. Idgaf. The reality is neither 100 million nor 12 billion should be allowed. So why are you not advocating for a lower boundary value? You're saying it's because we need the 100 millionaires to make this work. I'm saying no we don't. I'm saying we can get more support from people if we pick a value that actually makes sense. Letting anyone own a 100 million dollars is still letting someone play king to an unbelievably large group of people. That shouldn't be allowed.

[–] ToastedRavioli@midwest.social 0 points 22 hours ago* (last edited 22 hours ago)

Again, you still dont understand, the one story house is $12B, not $100M. Magnitudes is hardly even the right term, its just the closest we can get. Someone having $12B is not the actual functional issue with society either. The issue is someone having hundreds of billions of dollars.

Ill be willing to debate the ethics of wealth between $13M and $12B once we solve the actual problem that is fucking up everyone’s lives. I personally dont think anyone needs so much money at all, but that isnt the point. The point is what can we actually do to make the system a base level of economically sustainable, otherwise we will be guaranteed to never see a day when it becomes ethical. Its about rationality in pursuit of ethics, not demanding pure ethics from any possible solution