This is a tough one. Greed corrupts all whether rich or poor. You are probably thinking of the top 5-10 richest people in your comment like the bezos, musk, Zuckerberg right? At their stage greed for wealth likely is no longer a motivator. Power and reputation is more important even at the cost of capital. The greediest insatiable scumbags are likely poor or still trying to rise up in equity. Most fail anyways, so I’m not sure at which point in wealth do you call the cops and put them in rehab as you are suggesting.
A hundred million sounds ok as a start. Not the top 5 people, far more would need to be brought back down to earth.
You might say “how would that allow investment in large projects?”
To which I would say that would mean one would have to include more people in the initial ownership/investment of a large project, which would be better than incentivizing lone lunatics with god complexes creating little empires.
Also, police don’t have to come to their door, the IRS can just take the excess money like they garnish the wages of regular folk. They could easily do that with stocks or other placeholders for capital if we empowered and funded them to do so.
And if a US citizen decides to expatriate rather than pay back the system that facilitated their success to begin with, we can put them on a list and deny them access to our markets. Good riddance to proven bad actors.
We could fund investigation and oversight, we just dont. We could make a leaps and bounds more equitable system that doesn’t leave our worst off out in the cold as we do by design as a threat to the peasants. It’s disingenuous though to claim in a world where thousandths of a penny are tracked globally in capital markets to claim that we can’t, we just won’t.
But OMG, capping net worth at 100 mill and tying it to inflation? No one will want to work or invent or excel with only the potential to earn 99.9 million dollars in their life! No one would get out of bed amirite?
Literally any game with an economy, especially with other players, has to add drains to the economy, or it would break the game. The US even used to have something closer to that prior to Reagan giving the store away to his rich buddies when he wasn’t shaming poor mothers and incarcerating people suffering addiction.
So right now with our current — trying to hire at $22 an hour, you’re never going to see another person again walk through those doors. That’s it," Smith said. “Unless you guys do a dramatic change.”
Smith stressed the urgency of the matter and said smaller police departments he has looked into pay at least $30 an hour.
I wonder if these cops support raising the minimum wage.
Yeah, except I know plenty of people who have gone into policing bright eyed and idealistic. Your coworkers are regular police who reinforce every bad thing you hear about.
I mean in fairness, our local McDonald’s is paying 16-18 an hour… So getting 22 to do a job that most people wouldn’t want to do and forces you to deal with people you’d normally try to avoid, doesn’t sound like a hard ask.
Why not confiscate the wine instead of destroying it, and make some use of the proceeds from its sale? My first thought was donate the wine to the homeless, but that might not be such a good idea.
Wtf regarding aging the wine at the bottom of the ocean??? Is that to keep it cold, or what?
Also has to do with socio-economic status, which determines if you are inside a brick house during a storm or on the street, in a truck or on a bicycle, working from home due to the forecast or forced to man your shift at the Waffle House.
Who’s willing to bet that if it does start to look bad, this guy will suddenly appear as a frail old man in too bad shape to properly face justice. No more make-up or hairdye.
Reminds me of a Pink Floyd lyric:
And when you lose control, you’ll reap the harvest you have sown
And as the fear grows, the bad blood slows and turns to stone
And it’s too late to lose the weight you used to need to throw around
I mean, in this case I kind of understand it. Hawaii was essentially forced into being part of the US and then forced into being the holiday stop for rich people. I would also hate it if I lived in a small island with lots of tradition and it all was turned into a mere tourist attraction for people who don’t give a shit.
It also doesn’t help that some rich folk have ravaged the islands by literally buying them
And while that may be, it resonates with my own upbringing in a town transitioning from more traditional industry of logging to tourism with similar hatred of tourism and other incoming groups. I understand the emotions behind it, but it doesn’t make it productive or useful. It’s a common problem for humanity and Hawaii isn’t special in that other than some of the history being more recent.
It’s one thing to have an industry shift (which also sucks), but it’s another thing to be colonised, have some of your islands bought and almost completely owned by rich folk, who can do whatever they fuck with them and having to feel like a tenant in your ancestors’ lands.
There’s one hell of a difference and I wouldn’t be surprised if we eventually had an IRA situation there.
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