Because the entire economic system is a closed, expanding system, the masses become poorer when billionaires like Musk grow their wealth faster using parasitic financial gimmicks.
Egberto, thanks for this rant about Musk. “It’s time to stop celebrating billionaires...” You mention education, awareness, critical thinking, economic literacy... All true. All part of culture change, a daunting challenge.
IMHO, rational argument makes only modest impacts on culture change. It’s more about how people feel about things. In other words, heart more than head. Think music, comedy, drama, celebrity — stuff like that. And perhaps this metaphor: mass cultural therapy for a sociopathic society whose suffering is so pervasive, we don’t notice it.
A strategic initiative with saturation messaging could cost billions — a bargain of an investment, but who’s gonna ante up the table stakes? We need more “patriotic millionaires”, a great advocacy group consisting of high-net-worth individuals. Rich folks.
As it happens, the actual Patriotic Millionaires just launched an initiative supporting Summer Lee’s newly introduced American Stability Act (HR 9873), aimed at systematically raising wages throughout the lower end of the American workforce. https://patrioticmillionaires.org/the-american-stability-act.
I think it’s one small step toward broad redistribution, as you advocate. Perhaps interview Patriotic Millionaire John Driscoll or another member of that group, on an upcoming episode of Politics Done Right?
Egberto, thanks for this rant about Musk. “It’s time to stop celebrating billionaires...” You mention education, awareness, critical thinking, economic literacy... All true. All part of culture change, a daunting challenge.
IMHO, rational argument makes only modest impacts on culture change. It’s more about how people feel about things. In other words, heart more than head. Think music, comedy, drama, celebrity — stuff like that. And perhaps this metaphor: mass cultural therapy for a sociopathic society whose suffering is so pervasive, we don’t notice it.
A strategic initiative with saturation messaging could cost billions — a bargain of an investment, but who’s gonna ante up the table stakes? We need more “patriotic millionaires”, a great advocacy group consisting of high-net-worth individuals. Rich folks.
As it happens, the actual Patriotic Millionaires just launched an initiative supporting Summer Lee’s newly introduced American Stability Act (HR 9873), aimed at systematically raising wages throughout the lower end of the American workforce. https://patrioticmillionaires.org/the-american-stability-act.
I think it’s one small step toward broad redistribution, as you advocate. Perhaps interview Patriotic Millionaire John Driscoll or another member of that group, on an upcoming episode of Politics Done Right?