We have so many houses going unused. We have food and resources for everybody, but we’ve set up a system that arbitrarily concentrates most of it on a few people! Young children, with no understanding why society is this way, are suffering and dying because they live in a world that collectively agrees to let this happen unnecessarily
Fuck, I’m stoned but you know I’m right
Edit: and the sad thought hits me: the first step is realizing the system doesn’t have to be this way, the second step is realizing it isn’t going to change, at least not any time soon
It’s not arbitrary.
And the reason it’s so much worse now is the distribution.
If one family owned a company, they’d value long term brand loyalty over quarterly profits.
With a corporate board, they all own a piece that’s easily sold, and a whole bunch of other people who don’t have “enough” already. There’s no focus on long term company health, just that the percent return increases.
That’s just not sustainable.
So large corps but up companies, run them into the ground, then sell them off. Often replacing with shitty knockoff quality products under the same brand.
A private owner can be satisfied, a board will always demand the numbers go up.
Even worse is that they try to gaslight society into thinking the poors are leeches and parasites on society, while it’s been them all along.
That is why I think stock ownership should be for a minimum term, like bonds.
10 year minimums. That should turn it back into an investment vehicle it was always supposed to be.
Minimum terms before sale and preventing use as collateral on loans are two very simple pieces of legislation that would make a huge difference in wealth inequality.
And loans should be taxable, with repayments being deductible.
Or we should just switch all taxation to be wealth based and not income based.
Look up who is allowed to invest in large corps and who is allowed to invest into start-ups and it will make sense. (Only rich investors for start-ups allowed.)
Downvote says it doesn’t make sense without an explanation. By using start-ups for innovation, high profit rates are kept among rich people.
The whole system modeled on infinite growth is not sustainable. The population is aging and we’re running out of markets and increased competition abroad. We’ve hit the end of the road for the post WW2 era. The American model in almost every industry just milks and extorts the working class and they are running out. Between big pharma price gouging citizens, banks trying to deregulate, and big tech out of any innovation just making harmful advertising/surveillance capitalism. They are running out of ways to extort and keep maximizing profits without harming citizens. They are trying to seize more control and influence of the government because of this.