cross-posted from: https://lemmy.world/post/47196787
this post was submitted on 22 May 2026
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How is kicking them out a win?
How is it not?
Well, think about what "wealth" is. Their wealth isn't a big pile of money in the living room that they swim in, it's in an international web of banks that all do business together, and all profit off of this wealth themselves. This is a very simple explanation and it's much more complex than that, I'd recommend the Panama and Pandora Papers as a primer.
You're not going to get to seize anything but a small fraction in assets that they can't quickly liquidate. The moment you do seize those assets, every one else will move their wealth out of your country, also, for fear of losing their own bank accounts. The more you seize assets, the more assets will flee your country, even small investors will abandon you.
Ok, that really doesn’t answer the question, but so what? Let them all flee, who cares? Theres absolutely zero real loss at this point. Not like any of that hoarded wealth is currently accessible to the country/community they live in anyway. That’s sort of the point. It’s a black hole either way, that money isn't coming out of their pockets if they don't want it to, so why allow them to keep getting more at the expense of 99% of the population, many of whom can’t even properly support themselves because all the profits end up in a few pockets, and workers get peanuts.
They don't contribute anything if they can help it, they just take everything they can at the expense of literally everyone else, so why would it be bad if they left? If all the takers left, because they couldn't just take everything from everyone else anymore, how is that in any way bad for the country they flee? Or the people left behind who actually do contribute their fair share? It wouldn’t even take very long for things to readjust, because they provide next to nothing we can’t live without, and spreading the wealth out means more in taxes.
If the selfish rich assholes who don't want to give anything back abandon in droves, it opens the field for smaller business and local investment, or investment from people who aren't so selfish as to see paying a fair portion in taxes as an insufferable barrier. Thats a good thing you are trying to present as a bad thing. Nobody actually needs obscenely rich people to invest in stuff, thats just a ridiculous lie they want us to believe. Good ideas and good businesses can find other avenues, like organic growth or co-op models of mutual investment for mutual profit. Frankly we need far far fewer things owned or controlled by the same few obscenely rich people who are ruining everything everywhere for only their own benefit.
So what? So you lose all of your investors, from billionaires to small investors of pensions, and everyone in between.
That's a massive part of any economy... and you won't get any more money from any of them, all will invest elsewhere where their money won't be seized.
This would be very, very bad for your economy for many years (at least).
That's so what. Don't get me wrong, this would be hilarious and you should do it as soon as possible.
Why would small investors pull out? They wouldn't be impacted by this stuff in any meaningful way.
Thats just an absurd slippery slope argument. It just doesn't follow reality at all, but let’s assume it did, and that you are right.
So you lose out on selfish people who want to be the takers, but aren't yet.. you lose out on them investing in crap that only or largely benefits them, because anyone who isn't just out for themselves would not be deterred by this sort of thing. So what? Where’s the loss here? You miss out on making more billionaires. Oh no.