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.
“Yeah, dude, I gotta own a gun to protect myself in case aliens attack! Don’t worry, nothing bad will happen, it won’t be normalized in our society or something!”
Sure!!! When a billionaire DDoSes websites they say it’s legal, but when one hacktivist sends more than 1 request in 10 secods to a bad website, he goes to jail for 20 years!! We do live in a society!,
Because they’ve gone to such lengths to hide what chemicals they are using, we already knew they were an environmental and health disaster, but its good to finally get evidence
Whats fucked up is this type of bullshit has been a damned meme for over a fucking decade and they’re just now allowing a class action to go to trial. At this point lots of other printer makers have followed suit in some form or another.
We should be so lucky. I don’t think people like her do very well on the national stage. Sarah Palin was a huge turnoff for a bunch of moderate republicans and undecided voters and contributed to McCain’s loss.
Definitely. And MTG would be an infinitely bigger turnoff for moderate Republicans and independents than Palin. VP is not gonna happen, but she may get a cabinet spot in a Trump admin. That’s scary.
founders Bill Hewlett and David Packard were so customer trusting and had such probity that it revolutionized corporate america and empowered startups to bootstrap from nothing. if they saw what became of their reputation they would’ve forced a name change. thanks Carly Fiorina for destroying an amazing institution. I hope your resume refuses to scan.
They were engineers, and made stuff they liked and were proud of, and it showed. When they exited the leadership roles, the MBAs took over and it was all downhill from there.
Being falsely accused of a crime really isn’t much of a problem until a lawyer is complicit in the accusation. False accusations usually end early in the investigation unless the accuser is coached on how to tailor their accusation to fit the law. Your lawyer is solving problems that only exist because of lawyers.
Let’s not forget that “politician” is just a fancy term for a lawyer who hates working with clients.
MBAs are, indeed, agents of decay and corruption, but they only play on a field that was designed and built by lawyers.
It’s amazing how so many MBAs can tank a business. I’m seeing the same thing in my organization: as the number of people who have ever worked in the field decreases relative to the MBAs, things get worse, in both cultural and functional ways.
You still see a lot of businesses today using HP lasers from as early as 1990. Crazy that operating systems today still support some seriously old printers. It’s also remarkable how good HP used to be before right around the time they merged with Compaq.
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