r/LateStageCapitalism • • Nov 19 '22

💭 Theory Elongate

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2.8k Upvotes

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75

u/ragingstorm01 Nov 19 '22

I got 99 problems and capitalism causes at least 98 of them.

8

u/Think_Wishbone_6260 Nov 19 '22

Probably closer to 99 tbh.

6

u/ragingstorm01 Nov 19 '22

I had a cold last night, that was the 99th.

1

u/Think_Wishbone_6260 Nov 19 '22

Currently suffering covid for the third time (fully vaxed). So I feel you.

3

u/ragingstorm01 Nov 19 '22

3 times and vaxxed? Oof.

92

u/Misfitabroad Nov 19 '22

I've always said we should have a cap on earnings and savings. It's not new, Plato talked about the dangers of excessive income inequality 2500 years ago.

34

u/farmallnoobies Nov 19 '22 edited Nov 21 '22

Yup. And most billionaires find ways to have "no income", so looking at just income isn't good enough.

We need to tax their other assets like we tax real estate, and have a higher rate if someone has more of it.

19

u/Zaungast Nov 19 '22

Good thing we have elections. They do so much to prevent billionaires from having outsized influence on politics.

7

u/CurtP31477 Nov 19 '22

We just need to make running for office affordable for people who aren't already rich.

13

u/Zaungast Nov 19 '22

Counterpoint: the rich will never let their power be taken peacefully

Slaveholders pushed back, military juntas depose social democratic election winners all over the world, and nearly every western country has capitalists donating to all the major parties

4

u/CurtP31477 Nov 19 '22

Totally agree with you. I just didn't want to jump straight to Guillotine talk. It makes people nervous. Rightfully so.

1

u/xena_lawless Nov 19 '22

It's not either/or.

It's vital for the public and working classes to build up power both within and outside of the established political system.

Notwithstanding our ruling capitalist/kleptocrat imposing ideologies of "rugged individualism" and abusive/ahistorical "free market" economics on the working public, systems and people are inextricably interconnected.

Humanity needs to change the relationship between the ruling kleptocrat class and the public from one of exploitation and social murder without recourse, to one of genuine equality and democracy.

That means building genuine power and understanding for the public, not just eliminating the ruling kleptocrats, although that is also necessary.

5

u/FrizbeeeJon Nov 19 '22

And off limits for those who are.

3

u/Arduousjourney420 Nov 19 '22

lol because elections will save us

0

u/Arduousjourney420 Nov 19 '22

lol ok and how will you keep corporations from lining their pockets? You must be the vote blue type.

10

u/UAPLMH Nov 19 '22

We should be dusting off the guillotines…

21

u/SwaggDragon Nov 19 '22

If we want to be serious about making billionaires obsolete we must realize that we have to start supporting the people in our communities ourselves and stop relying on services that billionaires that dgaf about humans profit from.

That means transitioning to a community based lifestyle: food gardens, bakeries, day care, schooling, general shops, entertainment, housing, banking etc. If we provide services for each other then billionaires serve little to no purpose in society. That also means trading in the small luxuries and conveniences they provide in return for dignified lives for all humans in your community.

0

u/[deleted] Nov 19 '22

6

u/Arduousjourney420 Nov 19 '22

We're not liberals, jackass.

7

u/armrha Nov 19 '22

I mean, the goal of the revolution is a utopian state for everyone… And billionaires can’t actually force anyone to buy their shit. Amazon wouldn’t be in business if nobody shopped there. What exactly is unrealistic about their comment?

6

u/TQRC Nov 19 '22

more like not having an economic system which creates and sustains billionaires at the cost of the rest of society. get rid of the current crop and more will just pop up

2

u/figgenhoffer Nov 19 '22

I’m all for it

2

u/eventhegreyscant Nov 19 '22

Y'know there's way more of us than there are of them - we could be rid of them in a day but people don't want to get their hands dirty.

1

u/Arduousjourney420 Nov 19 '22

We know. What we need is an answer.

2

u/Joaje-Joestar Nov 19 '22

It’s so funny that in three weeks Elon has tanked his reputation and made hating billionaires an even more widespread opinion

2

u/SoybeanSoysauc3 Nov 19 '22

Only 90%? Try 99%

1

u/joanclaytonesq Nov 19 '22

Did you mean to say elaborate?

6

u/10gistic Nov 19 '22

Elon + Watergate, presumably.

4

u/[deleted] Nov 19 '22

Everything's a gate. One of my cats puked on the carpet. It's Carpetgate.

1

u/Unii- Nov 19 '22

Yes but it will create problems like "what am I gonna do with all this free time ?" and such.

0

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0

u/[deleted] Nov 19 '22

3

u/xena_lawless Nov 19 '22

Imagine if humanity hadn't developed laws against murder. Obviously, murderers would own and run everything.

Currently, humanity has not developed laws against social murder or kleptocracy.

Claiming property rights in excess of 100 million dollars should be defined as the crime of kleptocracy and/or social murder, and it should be a capital crime and a crime against humanity.

Just like getting rid of dictators, getting rid of kleptocrats is a question of social evolution.