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The existence of billionaires is a policy failure
(europe.pub)
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this post was submitted on 15 Nov 2025
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
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- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
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It's not a policy failure at all. It's a systemic feature. Capitalism is dog eat dog until only one dog remains. If you want to fix it you need a new economic system.
I think capitalism can work depending on two things
The state must discipline and tax the capitalists constantly.
There is a competing system that capitalism has to outperform.
No, what actually ends up happening is the capitalists constantly pressure and influence the state to not tax them and not discipline them. It's hard for the state to say "no" to that kind of money.
It’s especially hard for the state to say no because the state is run by the capitalists themselves. They are the same people.
That's an interesting thought. Still trying to wrap my mind around how it might work.
Basically like the cold war.
Public services.
E.g A well funded and not abused USPS.
Let them compete with that instead of crippling USPS in favor of the private options.
Edit: In Canada we had Air Canada, which was then sold off and privatized. We shouldn't have done that.
Thr government is supposed to enforce regulations in a capitalistic market like ours.
Amazon should have been torn a new asshole for some of the anti competitive things they've done for example, which would have maybe prevented or at least slowed what happened.
Google should have been broken up ages ago
And so on.
The rules and regulations are there, it's just become so corrupt they aren't being enforced.
Hereeee we areeeee...