That isn't really far off from the actually invoked argument that if the billionaires are taxed more, even at the previous level before the most recent tax cuts, they'll pack up and move away and take all their disruptively innovating world saving genius with them.
My message here is that banning trading isn't going to stop politicians from acting corrupt. In both cases their power is too great and their greed is insatiable. I think Stalin had some good ideas on how to handle corrupt politicians.
I'd rather something be done than nothing, especially if doing nothing is only accelerating the decay. I've already seen enough acceleration of decay to decide that accelerationism is overrated and people are suffering, now, and can't wait for ideal perfect conditions for change before succumbing to what's already hurting them.
It's like playing defence in basketball. You out pressure on them and make scoring as hard as possible. It will dissuade some percentage from participating, and the more barriers there are the more people will not consider the effort worth it.
I mean, short of a needed complete government overthrow, if we can make things harder to be corrupt, then why not
They will, you literally can't tax the rich anymore. Theyve won so decisively literally the only way forward is revolution and expropriation of what we can.
It's a good argument against social democracy and for socialism. If you just try and tax the billionaires more, they'll find ways around it to an extent. But ultimately their wealth is tied to things in the real world. Most of Bezos' wealth is tied up in Amazon, we can just take Amazon away. Bill Gates and all that farmland he bought - c'mon, easy answer. Or some rich fuck has all his money in T-bills and muni bonds, well we run the govt now so you're not seeing that money again.
Even if they tried to sell their investments to people outside of a potential revolutionary socialist state, these investments are all tied to real productive forces that we can expropriate.
That isn't really far off from the actually invoked argument that if the billionaires are taxed more, even at the previous level before the most recent tax cuts, they'll pack up and move away and take all their disruptively innovating world saving genius with them.
My message here is that banning trading isn't going to stop politicians from acting corrupt. In both cases their power is too great and their greed is insatiable. I think Stalin had some good ideas on how to handle corrupt politicians.
I'd rather something be done than nothing, especially if doing nothing is only accelerating the decay. I've already seen enough acceleration of decay to decide that accelerationism is overrated and people are suffering, now, and can't wait for ideal perfect conditions for change before succumbing to what's already hurting them.
It's like playing defence in basketball. You out pressure on them and make scoring as hard as possible. It will dissuade some percentage from participating, and the more barriers there are the more people will not consider the effort worth it.
I mean, short of a needed complete government overthrow, if we can make things harder to be corrupt, then why not
Agree.
Well said. I may think of that next time it comes up.
See also: China executing party officials for corruption
:xi-reactionary-spotted:
They will, you literally can't tax the rich anymore. Theyve won so decisively literally the only way forward is revolution and expropriation of what we can.
Good. :yes-chad:
It's a good argument against social democracy and for socialism. If you just try and tax the billionaires more, they'll find ways around it to an extent. But ultimately their wealth is tied to things in the real world. Most of Bezos' wealth is tied up in Amazon, we can just take Amazon away. Bill Gates and all that farmland he bought - c'mon, easy answer. Or some rich fuck has all his money in T-bills and muni bonds, well we run the govt now so you're not seeing that money again.
Even if they tried to sell their investments to people outside of a potential revolutionary socialist state, these investments are all tied to real productive forces that we can expropriate.
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Let them go then. I'll even let them deduct a one-way transit ticket to the airport if they d promise to fuck off