• R0cket_M00se@lemmy.world
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    7 months ago

    All of these men would have made more of a difference and reduced their own wealth more if they’d supported a land value tax and the restructuring of capitalist economics to it’s true form of laborers creating an increase in wealth due to labor, and having wages derived from said labor by estimating their personal effort and the increase in capital that comes from it.

    Instead we have men who owned more of the economy than Bezos and Musk giving out a pittance to help the poor when they’re the source of the problem with their pseudo-capitalism “trickle up” economics.

    Fix the issue, rich people giving away 1% of their wealth isn’t a solution when the problem is the system that allows for them by taxing the wrong people on the wrong items. Eliminate all taxes and institute the LVT so the middle class doesn’t have to keep shouldering the burden that the rich should have an equal share of.

    • HardNut@lemmy.world
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      7 months ago

      Land value tax is simply unjustifiable, because land is the most important thing to leave in private hands. To allow for land tax is to concede that the state has a right to the land you own. The problems that has directly lead to in history are innumerable. From Rome to Russia, state control of land was at the forefront of their issues.

      Why do you think reducing their wealth is a moral good? If you want to improve life for some people, your focus should not be on reducing wealth for others. The latter does not necessarily lead to the former, and it’s an inherently destructive mindset. Destroying one person’s wealth merely destroys their wealth, it does not make others lives better by default