this post was submitted on 08 Jul 2026
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[–] lemmelemmy@feddit.org 5 points 1 day ago (2 children)

I like his way of thinking but I really don’t like his nothing burger suggestions.

Like why are you telling civilians to do it. Like I’m gonna say “oh, ok I’ll go tax the wealthy then”. If you’re that rich as he claims to be why not go be a politican and represent us? Tax the rich my ass. Like it’s our fault. Like we can do anything at all.

There was one vid of him saying “oh I got richer because I bought oil commodity when the war started” like what the fuck man. And then he kept saying tax the rich again.

Also his book sucked. He was basically telling how clever he was and how everyone is else was an asshole tools. Sorry but unless he uses his power (money) and start moving some stones, he’s just another rich cunt that just talks bs to me.

Sorry, downvote all you want. But I’m sick of hearing people telling me to do something while they already have all the power to blast the things. I got fucking bills to pay and I’m dead on the evening can barely read a single page of a book without falling asleep. What the fuck am I supposed to do more? I’m drained.

[–] JackFrostNCola@aussie.zone 2 points 19 hours ago

If you watch any of this youtube video you will find he repeatedly says that he is a stock trader and economist, and that he knows exactly where his expertise starts and ends. He knows very confidently that his past predictions have been highly accurate and successful, so he can see where this is heading.
But he also knows that he doesnt know how to implement the changes he wants to see. He knows his limitations and lack of skills as a politician, a taxation designer, lobbiest, etc. and that he isnt the right person for the job, which is why he is promoting Gabriel Zucman to design the taxation system, and is in contact with other figures to convince the politicians that vote on the laws.

What he does say is that he knows the problem, he knows the solution, he knows whats going to happen if we dont act. His whole goal is to get the message out to people and find the right voices to make the change, whether its the comman man who knows what to care about when voting, the people with power to change minds to talk to the politicians and law makers to make the change, and the economists to forge the right tax to actually effectively target the 1% before everything is taken from us.

So no, he doesnt have all the answers, but he just wants people to know there is a problem, what that problem is, how it will affect everyone and to not sit on your hands. I dont hold it against him that he doesnt have the whole package A to Z, he has gone above and beyond for a cause he is essentially committing his life to, even though he is (probably) wealthy enough to not give a shit.

[–] deft@lemmy.wtf 2 points 20 hours ago

Lmfao "downvote all you want"

Upvoted

But seriously guys like him sound like they just wanna hear themselves talk and look smart / on the morally right side of things. Absolute tool I guess. However not gonna tell him to stop saying it because the more people that do, maybe it'll help.

[–] phoenixz@lemmy.ca 5 points 1 day ago (2 children)

Tax Wealth?

I want wealth caps!

Say, 10 million dollars, is simply the maximum amount of money anyone can have / control. Any income after that is 100% taxed

No more extreme riches

Governments get huge influx of resources which they can use for free healthcare, free education, universal basic income

Poverty could disappear. Poverty related crimes could disappear

Companies can no longer have huge share holders and owners, now requiring loads of smaller shareholders.

Limit company worths to max 1 billion too while we're at it.l, because no ultra large company ever did something that was good for humanity

Now we have boat loads of smaller companies, makes your economy more stable

Since you can't pass that wealth limit, incentives to screw over customers are gone because it won't get you more anyway.

I can go on listing the benefits for another hour but you get the idea ..

I literally can't see bad sides to limiting wealth. It's a simple rule to get control of the narcissist psychopaths that are ruining the world

Why haven't we ever done that before?

[–] lemmelemmy@feddit.org 1 points 1 day ago

Ofc he’s not going to suggest that, that means he’ll lose his monies. “Rules for them but not me!”

[–] Ageroth@reddthat.com 1 points 1 day ago (3 children)

The resources required to enforce such rules are controlled by the people who benefit from that not being the rules. Hell, the IRS has essentially said they don't have the resources to go after the biggest tax evaders because it costs too much.
https://www.gq.com/story/no-irs-audits-for-the-rich

[–] Mangoholic@lemmy.ml 2 points 16 hours ago

Excuses it cost everyone more if they don't

I realize that's an old article, but the problem is just the fucking MAGAt Rapepublicans gutting the IRS. I mean, on one hand you are right, they don't have the manpower. By design. By the oligarchs who own the gov't.

[–] bitjunkie@lemmy.world 1 points 1 day ago

"It costs too much" is a horseshit excuse when the result of the audit would likely pay for itself many times over. Use the first couple of years to automate/streamline as much of the process as you can, and they'll likely start just paying the damn things like they should have been in the first place, if only to avoid the hassle.

[–] UnrepententProcrastinator@lemmy.ca 20 points 1 day ago (1 children)

Even worse at least the local noble was local and would usually invest within their community instead of what we have now where they barely have to see us.

[–] UnderpantsWeevil@lemmy.world 1 points 1 day ago

Uh...

Medieval robber barons most often imposed high or unauthorized tolls on rivers or roads passing through their territory. Some robbed merchants, land travelers, and river traffic—seizing money, cargoes, even entire ships—or engaged in kidnapping for ransom.

I mean, we have a kind of tentative re-implementation of this in the US/Iran fight over the Strait of Hormuz. Also, with the vision of the Network State professed by Silicon Valley elites. And then there's the Trump economic plan of high tariffs and walled-off borders, which seems to echo the Israeli strategy of segregated micro-communities and settler expansion into neighboring enclaves.

Idk if I'd call any of this "investment" in the neoliberal sense. Much of it seems to involve rent-seeking through enclosure and extortion. There's no real value-add to any of it.

[–] toohotforsoup@lemmy.world 13 points 1 day ago

Yes thats entirely the point. All these ketamine snorting tech bros have hyped each other up into believing they are the new aristocracy who deserve an underclass

[–] PennyRoyal@sh.itjust.works 42 points 2 days ago (2 children)
[–] jimmy90@lemmy.world 1 points 19 hours ago

his discussion with Dan Neidle indicates strongly that this is slopulism

it needs to happen but not in the magical way gary the dunce suggests

[–] camembear@sopuli.xyz 8 points 1 day ago (1 children)

He is wrong in one thing. The timeline. Digital feudalism already exists and we are living it.

[–] jabjoe@feddit.uk 1 points 1 day ago

Have been a while. The American tech monopolies and their awful business practices have been with us decades. Been "too big to fail" and "too big to jail" for a while. Just now it's in everyone's faces.

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