Dan Romero
@dwr.eth
/cryptoleft weigh in
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ʞɔɐſ
@farcasterjack.eth
If we are all billionaires then none of us are billionaires in a capitalist system. If there are no billionaires there is a better chance at a more equitable distribution of resources. Billionaires have too much individual power and by existing they tip the scales of inequality and perpetuate the zero sum game that is unadulterated capitalism.
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Evan
@evangreenberg
But what if technology allows the pie to grow so much that having a billion doesn’t actually get you that much more than less than that? I’m not talking about what’s happening now, I’m talking about what’s possible. Are you open to that future?
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ʞɔɐſ
@farcasterjack.eth
Yes I see a future where all my needs and wants can be met but that doesn’t mean everyone is a billionaire, it just means everyone is in a techno-utopia where money has ceased to be defined/function in the same way. Billionaires matter us because we can compare what we have to what they have. If everyone is a billionaire there’s no need to compare anymore and there’s no need to use the label billionaire at all. In the world you describe this word ceases to mean the same thing it did, along with many other talking points and concepts from the left and right. I don’t think technocrats will lead us to this future tho and I don’t think billionaires should be able to wield the power they do and hold more wealth than one person could ever reasonably spend
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Evan
@evangreenberg
And just to note, in your scenario, we get to “no billionaires” without wealth distribution. Not too shabby?
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Evan
@evangreenberg
Are you open to a future where technology does lead us to a form of utopia? Or what is the solution that you want to see?
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