The reality though is that most millionaires and really rich families and people aren’t really the main problem with our current system.
Even if your family had tens of millions of dollars available while you were growing up, you’re many orders of magnitude closer to a minimum wage worker than to any billionaire.
The reality is that if most societies redistributed a fraction of the wealth of their top 30 wealthiest individuals, almost no one would be harmed and thousands of people could benefit significantly.
Now, of course, if you just give money away, that’s no good at improving people’s lives, so it makes sense to use the money to fund hospitals and schools, to provide adequate conditions to the disabled, the elderly, single parents, the homeless and our most vulnerable. And oh, would you look at that, that’s just a tax reform.
I’m from a middle upper class family, so, I never lacked any necessities but I also couldn’t afford luxuries every day. But I hold no contempt for people who got to grow up living in wealth and luxury beyond what my family could afford. I hold contempt for people who could dramatically improve their entire communities’ conditions and choose to evade their only tax obligations and only invest their wealth to accumulate more and more.
I think societies should at some point put a cap on wealth. No human being should be as rich as Elon Musk.




Interesting! Thanks for the fact check. I always assumed giving money away would at best just be a temporary bandaid solution since you need a stable income to actually get out of poverty.
Of course, this isn’t a problem with a stable UBI, I imagine.