Once you go beyond $100,000,000, there is no measurable difference in lifestyle. However, power accumulates. That amount of power shouldn’t be in the hands of so few.
The wealth of the rich is still growing and it will continue to grow automatically until the middle class ceases to exist. If we do not take the assets back, it will become impossible for normal working people to ever buy a house, or have any economic power over their own lives at all - nevermind the political control or the media manipulation.
Extreme wealth concentration is THE biggest issue facing society. Mamdani is absolutely right.
No shit
I agree there is no reason why an individual should have that much economic power. There is no justification for that amount of wealth in so few hands.
They could just stop impeding progress and let the working class have things like healthcare and a living wage. Guess that’s too much to ask and they would prefer guillotines?
These people could still be fabulously wealthy and do anything they want for their entire lives while also ALLOWING for a healthy middle class and things like universal healthcare and living wages.
I capitalized “allowing” because I think it’s absurd we’re living under their domination and I think it’s time we forcibly take what we need from them. The time for being amicable is over.
Lmao that’s because we shouldn’t have billionaires
It’s not that we shouldn’t have billionaires. Its that we have billionaires when we have people living on the streets because the rent is so ridiculous. Its that we have people dying on the streets because they cannot afford health insurance. The gravy on the shit-fest is that billionaires are actively bribing the politicians to prevent those policies from being implemented. That is the textbook recipe for guillotines.
He’s right. Let’s see if people could live off 999 million in assets.
Yeah, we probably shouldn’t have people who horde so much wealth it negatively affects the economy.
If your economy consists of marble bathrooms, mega yachts and third trophy homes then it is working great!
This needs to become the mainstream opinion. Billionaires and ultra wealthy shouldn’t exist. There is no trickling down or any of that stolen wealth coming back into the hands of average people.
They will just live in other countries if being a billionaire is illegal.
They can live where ever they want. The assets are here and we can tax them here.
Lol, no. This is a strawman argument. Billionaires will absolutely not give up their precious connections and real estate to live on a private island or move away. Even if 50% would do that (lmao never) the tax would still be a huge benefit. Even without the money, not having these greedsacks meddling with local politics and laws would be a dream.
That’s fine, billionaires do not add to an economy, they drain it. So if they leave it will remove a useless burden on the economy and whatever country is dumb enough to take them in can deal with them instead. Meanwhile, if they are pulling money from our country we can find ways to tax it and prevent them from draining our resources (and yes, money is a resource like any other).
That’s the idea I think.
As long as they stop siphoning money from us, I’m fine with that
If a Billionaire turned comic book EVIL and decided to go rogue… What exactly would stop him. Most countries don’t have the money or desire to do anything
yea you’re watching that now
They are, already there, and have been for decades. How do you think they get all the money they do? One being private equity and market makers. Main street was destroyed in many countries to fuel them.
Yah I don’t think we should either.
He’s going to be assassinated, isn’t he?
Mossad, Maga fascists, NYPD, All the billionaires all gonna be chomping at the bit to kill this guy to set an example.
Ok… so… who here thinks he’ll end up shot sooner or later?
NYC Mayor is his top track, he wasn’t born in the USA so that should limit his exposure nationally. He’s a convenient strawman for the right so I’d say that keeps him safe but there are guns everywhere so who really knows.
The natural-born limitation only applies to the President/VP, there is no such requirement for cabinet positions, Governorship, or Congressional seats.
Now, this guy still has a general election to win, and if he wins, he still has to prove he can do the job. But assuming he does all that, and he’s as capable as he says he is, then maybe in a decade New York will have this guy and AOC in the Senate instead of Chuck and Kirstin…
That’s exactly my point, since he can’t run for President, even if he’s governor of NY he’s still not really a threat to the power structure of the country, even Senator. He’d be Bernie 2.0 but unable to run for President. Not saying he wouldn’t be influencing politics but it’s a massive card off the table if he can’t run himself.
Timing wise odds are he’ll be in NYC long enough for Chuck to be replaced by someone else for 40 years. Kirstin seems firmly in her seat, so I’d say he’s most likely Governor after mayor, just a moonshot guess.
The powerful regard speaking the truth as an existential threat, otherwise they wouldn’t seek to silence him.
It might make some difference that while Bernie represents Vermont, Zohran would represent New York which is like the national headquarters of capitalism
It’s countered by the fact, again, that Zohran cannot run for President. Bernie’s Presidential runs have been a real and immediate danger to the status quo and Democratic party hierarchy, Zohran can motivate and organize but cannot be the face of a movement like Bernie by not being able to run.
But New York is probably the most world-wide well known city, and he’s running for mayor in it with some rather European-left sentiments. That’s no small thing.
Yeah but he can’t elevate nationally and that really limits his splash. If the right wing media keep hyping him up that increases his profile but ultimately he’s still only the mayor, even if it is NYC, he’s not eligible to run for President and that’s where the real danger would be.
So you’re looking at him maybe turning into Bernie 2.0 is he became a Senator but without the ability to run for President.
I really don’t think a president of the United States is all that powerful. Trump can’t pull off anything if his party is against him, or if he doesn’t have any powerful friends.
I don’t get why people in America hype up the role of president so much.
The 3 branches of government in the US are supposed to be equal, but as the Congress and the Supreme Court are captured by the same party, Republicans, it allows there Republican President to do anything they want. There has always been varying degrees of this based on majority/minority roles in Congress or the Supreme Court but dialed up to 11 now with Trump. The Presidential office has been accumulating power since the days of FDR and WW2, sped up during Nixon and Vietnam, sped up again during Reagan, sped up again during W. Bush and 9/11, and now it just off the charts.
In practice, the office is afforded quite a bit of unilateral power. Yes, other parts of the government can counteract, but at least in practice by default the executive branch can do quite a bit.
not surprised considering his other views but glad to see his courage in sticking to his principles against a very biased media landscape. even his rap was fun af. this guy never misses.
