I’m pretty sure billionaires would actually be less bad if they spent money instead of just hoarding it all
Not ideologically, but in practice in our current system
Well yeah, right now they just pass it between each other. If they spent it all on labor, there wouldn’t really be an issue as they wouldn’t be billionaires anymore and would just be glorified planners.
Even if they just spent it all on random goods or services instead of shares, moving more money around would benefit the rest of us as I understand it.
