Re:The Economic Consequences of Major Tax Cuts for the Rich ...
by lumost on Monday July 26, 2021 @02:57PM
(#27963682)
I think you need to put a yet on the Walton's throwing you in prison. Extreme wealth inequality tends to distort surrounding institutions as all individuals paychecks become beholden to the wealthy individual.
In company towns the boss could absolutely have you thrown in jail if they felt like it. If Carnegie didn't like someone then the Pinkerton's would happily take care of them.
The only reason we haven't seen modern equivalents to the above scenarios is that the information age has increased competition. But if you already don't feel like you could sue any of the Walton's for any reason and win... then just wait for when their wealth is 10x larger.
Re:The Economic Consequences of Major Tax Cuts for the Rich ...
by kahmeal on Monday July 26, 2021 @02:52PM
(#27963611)
> The Walton family can't throw my in prison. In fact, they can't do much of anything to me besides perhaps denying me a Sam's Club membership.
They most certainly can. They simply have no reason or motivation to.
Re:The Economic Consequences of Major Tax Cuts for the Rich ...
by pjmorris on Tuesday July 27, 2021 @08:32AM
(#27971620)
> The Walton family can't throw my in prison.
The Disney family can. [0]
‘What one fool can do, another can.’
https://unclewalts.com/wwwd/hey-walt-does-disney-world-have-...
The Walton family can't throw my in prison. In fact, they can't do much of anything to me besides perhaps denying me a Sam's Club membership.
Monarchy and wealthy families are not the same. Hyperboles like this don't serve your case.
If you believe in meritocracy and you pass your company on to your children who are not suited for the role, then they'll fail and lose it all, as is often the case.