Re:Ten billionaires reap $400B boost to wealth during pandemic
by w0de on Wednesday December 30, 2020 @02:52PM
(#25585289)
Taxes. We tax the wealth. Aggressively, by raising rates, closing loopholes, and pressuring tax havens.
> entitles the government to take over ownership
Yes, successful or not, yes. Companies and their services exist within society, benefiting from our collective infrastructure, and society has absolute and final power over them. They are not people, with rights. Our economic system gives them extraordinary freedom to pursue wealth. That freedom is not a right. Capitalism is not morally equivalent to inalienable human rights.
> entitles the government to take over ownership
Yes, successful or not, yes. Companies and their services exist within society, benefiting from our collective infrastructure, and society has absolute and final power over them. They are not people, with rights. Our economic system gives them extraordinary freedom to pursue wealth. That freedom is not a right. Capitalism is not morally equivalent to inalienable human rights.