Zohran Mamdani says 'I don't think we should have billionaires'

Do you agree?

Stocks/Options/Crypto/Market News +Tools. Not advice. 

I’m the 🐳 who changed Congress .

This question is phrased in such an innocent way when it’s “should.”

He doesn’t say anything about how this would work in practice. Or why it’s constitutional for the gov to put a ceiling on how successful anyone in the US is allowed to be. 

Related

My theory is that there are two kinds of libs, one kind who can't stand to see poverty, and another kind who can't stand to see wealth, and that neither one can stand the other, even though they need each other in order to get anything done

Noah Smith 🐇

This question is phrased in such an innocent way when it’s “should.”

He doesn’t say anything about how this would work in practice. Or why it’s constitutional for the gov to put a ceiling on how successful anyone in the US is allowed to be. 

Related https://x.com/noahpinion/status/1941778261111148673?s=46

Idk spend some time with tokenomics and realize that billionaires are created by the economy not personal success 

Is just bc of the structure of the dollar economy

Such stupid framing if you ask me. Just everyone pay their taxes that's all ... And go back to a tax structure like in the 50s or something like that.

No it requires some well placed ammo 😜

If the choices are no billionaires or all billionaires, the choice is easy. I don’t necessarily mean that literally everyone has $1B in their bank account, but if technology progresses and costs trend to zero, then having $1B won’t buy you much more than having some lower number. 

No billionaires requires redistribution of wealth and stops all progress

Yes. And @evangreenberg 's comment that everyone should be a billionaire is a clear lack of understanding how money and shit works 😭

Off with their heads 😬

How much is Mamdami worth?

But for real, has the world every not had an oligarchy? never mind the monarchy...