Who do you think is responsible for such a dysfunctional government? Is it your average working class person earning about $65k/year or is it billionaires that can throw unfathomable amounts of money at any topic of their interest without it even making a dent in their pocket?
To take a recent example, the median income in New York City is about $79k/year (before taxes), while Bill Ackman alone essentially threw away 21.5x that in his failed attempt to influence the mayoral election.
Gee golly, really!? Thanks for letting me know, I had no idea!
I could've also mentioned Ackman personally calling Trump in 2020 to beg him to shut down the economy for a month and my argument would be just the same: I don't want billionaires using their money to shape the world to their liking.
Not surprised, but the best solution is not to let billionaires control, tax free, major parts of society instead. The best solution is building a more functional democracy which is in charge of redistribution.
Politicians are more ethical than billionaires. They’re even more ethical when billionaires can’t buy them by spending an exorbitant amount “supporting” a candidate.
No matter where you are on the political spectrum, you almost certainly believe that at least some billionaires carry a disproportionate responsibility for that dysfunction. Whatever they are, Elon Musk, Bill Gates, Donald Trump, George Soros or indeed Warren Buffett aren't just passive observers of government.
