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Topic	Gates, Buffet and Bezos have more wealth than the bottom 50% combined
FLUFFYGERM 11/10/17 4:21:21 PM #14:	I do think that we should institute some kind of limit on this, though. I'm a staunch capitalist, but one person should not have that much wealth. New wealth can be created and all, but let's imagine for a second that along comes someone who is so brilliant and exceptional and lucky...that they absorb 99% of all the wealth. That is not good for either capitalists or everyone else. So to address the undertone of the OP, I think we should expect individuals to start contributing 100% of their wealth to charity/their workers after they get to a certain point. Maybe once someone has amassed 20 billion or something, unless they're actively reinvesting money like how Elon Musk reinvested tens of millions into his various companies that employ thousands. <cite>FLUFFYGERM posted [p:890143007] in Gates, Buf... [t:75977100]...</cite> <quote>I do think that we should institute some kind of limit on this, though. I'm a staunch capitalist, but one person should not have that much wealth. New wealth can be created and all, but let's imagine for a second that along comes someone who is so brilliant and exceptional and lucky...that they absorb 99% of all the wealth. That is not good for either capitalists or everyone else. So to address the undertone of the OP, I think we should expect individuals to start contributing 100% of their wealth to charity/their workers after they get to a certain point. Maybe once someone has amassed 20 billion or something, unless they're actively reinvesting money like how Elon Musk reinvested tens of millions into his various companies that employ thousands.</quote> ... Copied to Clipboard!
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