While the vast majority of the EU’s population has become steadily poorer recently, its top five richest billionaires have increased their wealth from €244bn in 2020 to €429bn in 2023, an Oxfam report revealed on Monday (15 January).
This represents a 76 percent increase in just three years — at a rate of €5.7m per hour.
“This inequality is no accident; the billionaire class is ensuring that corporations deliver more wealth to them at the expense of everyone else,” said Amitabh Behar, Oxfam International’s interim executive director.
We really should tax %% them all: their businesses, the Royal houses; no exceptions, or offshore bla bla. Then we can redistribute their wealth/power more socially.
EU corporate tax rules should only be a beginning.
That would be a great idea, if they didn’t hold their respective countries’, and EU legislatures by the balls.
Billionaires are never going to voluntarily or willingly give up their power.
There is good reason we say “eat the rich” instead of “tax the rich”.
It’s an Anarcho-Capitalist-Primitivist thing: Switch to a deindustrialised setting so that we save the planet and continue with capitalism as completely deindustrialised that’s the only way to have a sustainable and sufficient (for the current population) source of food, to wit, the rich.
There is good reason we say “eat the rich” instead of “tax the rich”.
Billionaires are never going to voluntarily or willingly give up their power.
They won’t. But we can change regulations.
Don’t know who " we" is nor the slogan tbh. Seems that according to wiki it’s a US slogan?
Edit: probably because of The satirical book by Patrick Jake O’Rourke
Contrary to US, this is Europe, and we ( should) have socialist foundations; unfortunately since a decade or so, it’s become more and more " capitalistic and right winged" in a bad way. We need to stop that trend.
I’m not American, and eat the rich isn’t either https://en.wikipedia.org/wiki/Eat_the_rich#Origin
As for regulations, if I wasn’t clear before - those who make the regulations are either obscenely rich themselves and/or are funded and controlled by the obscenely rich. Changing regulations isn’t going to happen unless the obscenely rich approve, and they never will.
As for the suggestion that Europe has socialist foundations - Europeans (previously all feudal) literally created capitalism and enslaved half of humanity to feed it. The countries they pillaged now designated “developing” and still exploited for cheap labour and resources. (edit to add: even Scandinavia, with its socialist veneer is neoliberal at best and heading exactly in the same direction the rest of us are, if a few years behind us) (edit to add more: and while the Soviet Block might have been told they had communism or even just socialism, that wasn’t actually the case, just more imperialism and some state capitalism as a treat)
The idea that it’s only been a decade of decline to the right is so ignorant I can’t do anything other than laugh at the suggestion. Honestly - where to even start??? Maybe with fascism also being a European creation?
You could seriously benefit not only from actually educating yourself on the history of where you’re from, and of the systems you live by, as well the current history as well, since you’re clearly completely clueless, but also from reducing your confidence in your ignorance. It’s not a good look.
Taxes or guillotines. Pick one.
Most people would even know where to find the billionaires. Hard to put them to the guillotine of you don’t know who they are or where they are.
Maybe someone should tell those people that there’s a list that could help them find out who their local billionaires are.
There is a German song in which an orphan gives socialists an article about germanys biggest exporter of weapons. The socialists then hunt down and kill the billionaire. I don’t want to call for anything here, I just think the song fits well
Just tax anything above, say, 500million with a rate of 95%. Nobody needs that kind of money. Making that much is only numbers porn for the sociopaths, it doesn’t matter if they get to keep it.
Do we grill them or pan seer them?
