logoalt Hacker News

nektro04/24/20251 replyview on HN

can we invent our way to eliminating billionaires? because that's the common denominator in every problem they claim to be the savior of


Replies

rudolftheone04/24/2025

We already invented that. It was called the 20th century. Tried wealth caps, nationalizations, revolutions - you name it. Usually ended with gulags, breadlines, or both.

Billionaires are a symptom, not the disease. You don’t cure a fever by smashing thermometers. If we want fewer billionaires, we need systems that don’t reward monopoly power ¯\_(ツ)_/¯

show 1 reply