If all the money ends up in hands of billionaires and their corporations and there will be no money in hands of regular plebs…
Who do you think will have to pay the taxes?
Also, the people would figure out a different way of trading or currency. And with that one getting taxed, all the billionaire’s money become worthless.
What you are describing sounds an awful lot like collapse to me. Your slavery South comparison is missing that a lot of what they produced was exported to places where at least officially slavery was banned. So that model is propped up in one location by areas with purchasing power from the general public elsewhere. The thought experiment was what if everywhere was the slavery South, in which case the economy will no longer be sustainable.
Slaves still have to eat & survive-winter…
there’d still be economy … just no citizens below the ruling-caste, is what I’m trying to communicate…
The Epstein-class has rights whereas we have “rights”, whereas Palestinians in Gaza don’t.
Slaves are in the don’t category.
I see no logical-requirement for civilrights to exist for 90% of the population, when oligarchy has become totalitarian.
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I’m sorry if you had to chew on this for a month and I’m even more sorry to tell you that your reply makes no sense to me.