this post was submitted on 30 Nov 2023
2 points (100.0% liked)

Degrowth

758 readers
1 users here now

Discussions about degrowth and all sorts of related topics. This includes UBI, economic democracy, the economics of green technologies, enviromental legislation and many more intressting economic topics.

founded 1 year ago
MODERATORS
MrMakabar@slrpnk.net
2
UBS: More Billionaires inherited their wealth then gained it by entrepreneurship (www.ubs.com)
submitted 11 months ago by MrMakabar@slrpnk.net to c/degrowth@slrpnk.net
7 comments fedilink hide all child comments
 

Imho an intressting development in the completly wrong direction. However it shows the massive problem capitalism has, that it increases capital accumulation within a small group of people. It also is a strong argument against the idea of billionaires having earned their wealth.

top 7 comments
sorted by: hot top controversial new old
[–] LEDZeppelin@lemmy.world 1 points 11 months ago

So glad repubes got rid of inheritance tax

[–] andymouse@slrpnk.net 1 points 11 months ago (2 children)

Power is like a black hole. This isn't about wealth, it's about power. It's only concern is growing itself.

This is what I learned from the Lord of the Rings.

[–] Jordans_Vision@lemm.ee 1 points 5 months ago

This brought a smile to my face. :D

[–] CharlesMangione@lemmy.world 1 points 11 months ago

thank you for citing sources

[–] TubeTalkerX@kbin.social 1 points 11 months ago (1 children)

Fuckers start on 3rd base then think it’s easy to score a home run!

[–] HubertManne@kbin.social 1 points 11 months ago

yeah before reagan we had a system where the more money you made the harder to was to make that much more. So large companies had to run better than small ones to succeed. that time is long gone.

[–] ARk@lemm.ee 1 points 11 months ago

*than