Mamdani, the presumptive Democratic nominee to be the next mayor of New York and a self-identified democratic socialist, said Sunday billionaires contribute to inequality.
In a fantasy world I’d go even further to say if you amass $1 billion in wealth you have it all taken away. So either you consistently give away your wealth to keep it below that level or pray that you helped build a society where losing it all isn’t a death sentence.
So they donate it to “charities” that spend that money privatizing education or whatever cause helps keep them and their kids in a privileged position.
In a fantasy world I’d go even further to say if you amass $1 billion in wealth you have it all taken away. So either you consistently give away your wealth to keep it below that level or pray that you helped build a society where losing it all isn’t a death sentence.
Ah, the Pythagorean cup of economics
Take it one step further. If you amass $1bn you’re then executed. Best get rid of that cash homie.
So they donate it to “charities” that spend that money privatizing education or whatever cause helps keep them and their kids in a privileged position.