this post was submitted on 26 Jun 2025
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[–] Bytemeister@lemmy.world 130 points 1 week ago (23 children)

The major premise of Capitalism is risk vs reward. We hit a tipping point though, where 99% of people do not have any capital to risk, and the people who do have the capital have enough to nullify any risk.

Tax the rich.

[–] jjjalljs@ttrpg.network 57 points 1 week ago (8 children)

Sometimes I get mad about how we in practice have basic income for the rich. If you have a few million dollars, you can park it in zero or low risk investments (eg: high yield savings, bonds) and get free money. Then you can just fuck off and pursue your dreams. No risk. Lots of reward.

But if you're poor? Well you better take any job for any salary or you're just a parasite blah blah blah. All pain, some risk, little reward.

[–] Retro_unlimited@lemmy.world 19 points 1 week ago (2 children)

Rich people also get handed so many free things.

Put over $100,000 in the bank and they will throw free accounts, low interest credit cards, rewards, free safety deposit boxes, personal concierge services. And that’s just the start.

[–] jjjalljs@ttrpg.network 13 points 1 week ago (1 children)

Oh yeah I forgot about that. One of the banks here refunds ATM fees if you have a minimum balance of $2500 (and waives the monthly fee if you have $25,000). Like, my guys, the people who don't have money need that fee waived a lot more. But the bank just wants to make money and that means appealing to rich people.

[–] bdonvr@thelemmy.club 6 points 1 week ago* (last edited 1 week ago) (1 children)

Fortunately it's not hard to find banks who have no fees for those, in the US at least.

[–] jjjalljs@ttrpg.network 5 points 1 week ago (2 children)

This one is appealing in that they refund the fee even if it's from some other bank. So you can go to the ATM at the corner shop that charges $3 to withdraw, and get that refunded at the end of the quarter. Most banks don't have fees at their own ATM, but this is no fees anywhere. For rich people.

[–] bdonvr@thelemmy.club 3 points 1 week ago

There's a few credit unions that will do that even. (With a refund limit per month ofc)

[–] brbposting@sh.itjust.works 1 points 1 week ago

Ally Bank whoop! Online only bank. Used to be unlimited free ATM withdrawals, now $10/mo reimbursed. Plenty for most!

[–] aesthelete@lemmy.world 4 points 1 week ago

Wow, I must be banking at the wrong place.

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