So what? We should take away that ownership because they can leverage it? Also the same people suggesting we tax wealth like this want to also close those “loopholes” of low interest loans on shares.
Taking away (extreme) wealth. There’s no reason one person should have that much. There’s countless better ways to use that money/wealth than for one persons extravagant lifestyle. And even if they don’t have an extravagant lifestyle, what are they gonna do with it? Doubt they will build infrastructure out of good will with it.
So take away ownership of a company just because it’s too successful? That wealth is mostly in company ownership, so are you really suggesting we steal away legitimate ownership in successful companies?
The laws underpinning and protecting their ownership, as well as the institutions enforcing them, are historical holdovers and were never truly legitimised. They also largely go against justice, freedom and the pursuit of happines, which they largely champion as their goals.
So what? We should take away that ownership because they can leverage it? Also the same people suggesting we tax wealth like this want to also close those “loopholes” of low interest loans on shares.
Yes.
Yes to taking away wealth or the way to leverage it?
Taking away (extreme) wealth. There’s no reason one person should have that much. There’s countless better ways to use that money/wealth than for one persons extravagant lifestyle. And even if they don’t have an extravagant lifestyle, what are they gonna do with it? Doubt they will build infrastructure out of good will with it.
So take away ownership of a company just because it’s too successful? That wealth is mostly in company ownership, so are you really suggesting we steal away legitimate ownership in successful companies?
Yes. Fuck Capitalism.
It’s not stealing their legitimate ownership. They don’t have legitimate ownership.
How is it not legitimate ownership?
The laws underpinning and protecting their ownership, as well as the institutions enforcing them, are historical holdovers and were never truly legitimised. They also largely go against justice, freedom and the pursuit of happines, which they largely champion as their goals.
At least you could think about it that way.
I’m not seeing how that makes any of it illegitimate. If you make something you own it, right? Why should a business be any different?