800
Just 0.001% hold three times the wealth of poorest half of humanity, report finds
(www.theguardian.com)
Guillotines are surprisingly cheap to build.
this post was submitted on 10 Dec 2025
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Most of the world is capitalist, and most of the world is poor.
Too much capitalism does not mean too many capitalists, but too few capitalists. (G. K. Chesterton)
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60,000 is way to many. They need to be able to fit on a giga yacht.
And then we make an artificial reef out of it
The coral all died.
Some pressing and stomping and they will nicely fit to any rusted sea tanker.
It's gone from can't everyone just pay your fair share of taxes?
To can't we at least tax the rich?
How about just the 1%?
Ok..., how about just the 0.001%?
And then somehow conservatives leaders will convince a voter base to take to the streets with pitchforks and torches, claiming it's tyranny, then once they're elected, the leaders will still tax the fucking voter base.
This seems not conducive to the common wellbeing of humanity I think.
The fact is money is relative. $100k USD is a lot of money in New Guinea and is not going to buy as much in London. This is why it is perfectly acceptable for someone like Thiel to assemble a private army with his wealth while people starve because they haven’t worked the grind correctly like Musk, Thiel or the Mountbatten-Windsors have /s.
You had me in the first half...
I feel like numbers at this point just are pointless. It's like, can we use vocabulary that actually describes the situation instead of updating this every time the decimal point shifts?
Describing it in terms of wealth is kind of dumb. It gives the idea that the systems that caused this (Imperialism, colonialism, capitalism) are the solution. Like, the global South just needs "investment". The numbers are this bad because of a century of western "investment" in its exploitation the global South.
There isn't a number attached to this that somehow fixes the problem when we reach it. This is about what essentially amounts to slavery and subjugation of the majority of this planet. The language of these news articles is so passive. Like it's describing the amount of stars in the galaxy.
People might think that the extremity is a good thing as it will force change, which may be true, but realistically the world will be in for an extended period of conflict/war/suffering first and that period will probably last the rest of our lives.
Boomers hit that sweet spot. Now they get to check out as things are about to get real bad. Not that boomers everywhere in the world had it good. But a lot of them did.
Boomers hit that sweet spot.
American boomers, maybe. The 60s/70s was real shit for most of the Third World.
Much of our modern Economic Anxiety driving MAGA and the reactionary insanity of our foreign policy is these same Boomers being forced to live in a world that isn't just the car dealerships in Detroit commanding the global economy.
For the 90s Kids, life outside the US hasn't been this good in a century or more. Whether you're in Bogota, Berlin, Beijing, or Bankok, it's a time of unprecedented plenty.
The fact that America isn't this shining city on a hill anymore is what Trumpsters find so galling.
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Those puny little ants outnumber us 100 to 1. And if they ever figure that out, there goes our way of life!
But we've just been playing all summer.
In the entire existence of humanity, class struggle still has yet to end.
I started to feel that’s a mathematical issue, not an economic issue. Since the internet is a thing, a person’s influence and wealth can increase exponentially(benefiting from the networking effect aka power law), while the best tax law can do is still linear.
We need a tax law that grows exponentially. After certain points, it should collect almost 100% of the “controllable assets” (assets you can control, not necessarily owed).
But of course, we will never get it. People who have the will to climb the ladder tend to have less empathy for the masses, and they need to pay back to their stakeholders to help them get on top. It’s another paradox we need to deal with.
TBH the only thing that can fix humanity is extraterrestrial life lol.
I would call it systemic, in fact I'd argue it's the central flaw of capitalism (but one that imo can be mostly fixed with heavy regulation and taxes scaling to near 100% as you say).
When wealth = power, those with wealth will always attract even more wealth.
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Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
Corporations are the only ‘persons’ which should be subjected to capital punishment, but billionaires should be euthanised through taxation.
It is true that the poorest people have very little money and the wealthiest people have a great deal of money, so the math checks out
Billions of poor people are giving their money every single day to companies owned by rich people, this explains why rich people are getting richer
Does anyone have any ideas how we can stop poor people from giving their money to the rich? Every time they use Google they are given an electric shock ? Every time someone goes to buy something on Amazon they get personally spanked by a local Jeff Bezos lookalike?
My proposal is taxing the everloving shit out of the richest people. 50% wealthtax over €20 million (a number I pulled out of my ass, but I think it's important to not hurt the regular small businesses). If you can't sell your assets for some reason, the assets are forfeited to be operated or sold by the government, to redistribute the result through welfare and UBI.
And what about thhe poor billionaires who can't own more than 20 million euro you say? I don't give a shit. Let them off themselves if it's impossible to live with.
Rich people will give their money to enrich themselves or to fuck someone over. But giving their money freely to help humanity? Or accept being taxed? They are seriously homicidally resistant to that.
Off topic, I think billionaires should be required to do the lowest position in their organizations for a month once a year with their net worth assets frozen, their communication with any yes man or enabler being severed for that month, and be forced to live off of that monthly stipend for 1 month and if they get "fired" they cannot retaliate if the firing was in good faith and they lose 65-70% of their stock options for failing to do bare minimum competence.
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First you need to put the non-rich in charge and prevent them being bought off by the rich. That's the hard part, but not impossible.
Put a maximum net worth. Every dollar over it equals one punch to the kidneys.
let's make it "every one million dollar over it" and these greedy fucks would still not survive it.
That's 80'000 people vs. how much?
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