Why Nostr? What is Njump?
2025-04-03 17:13:34
in reply to

leadbyexample on Nostr: Thank you for replying. You stated that one doesn't just become a billionaire by ...

Thank you for replying.

You stated that one doesn't just become a billionaire by "earning" 1 billion dollars, hence it would be rightful to remove part of such wealth to give to the rest of the people.
That is socialist by definition, is it not?

While I agree that what many people call "capitalism" today, is mostly nothing like real capitalism, but in actuality it's "crony capitalism", which uses the monopolistic power and violence of the state to force taxation money into its own pockets, either directly or by sponsoring laws that grant unearned monopoly power to itself in the market, hence several large extremely rich companies are in fact just stealing money... one can very well legitimately earn to become a billionaire by being extremely successful at providing goods and services that people want, at a good quality and price. That is the wonder of truly free market.

This would happen at great benefit also of everyone else, as they will gladly spend their money to buy products and services that fully satisfy their needs.
This would also in turn benefit workers, who would be free to sell their time and work to the best buyer.

As it is now, each and every critique of "capitalism" that is going mainstream, is actually a critique of something that, without the state, simply would not exist.
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