this post was submitted on 28 Jun 2025
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Political Memes

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[–] Tiger666@lemmy.ca 13 points 6 days ago (4 children)

The only way that capitalism could ever work would be to remove any generational wealth and make it only about personal achievement. When you die it all goes back to the state(assets and money).

Removing all inheritance was one of the items Marx suggested in The Communist Manifesto.

[–] mechoman444@lemmy.world 4 points 6 days ago (1 children)

I've always toyed with the idea of a wealth cap. 1 billion dollars is the max amount of money any one person or entity can make. Anything after that is either reinvested, split amoung the workers (not the board of directors) or payed a taxes to the government.

One thing is for sure. We don't need billionaires.

How about.

Tax rate = 1 - exp( -const x wealth )

Const is chosen to maximize tax revenues.

[–] trxxruraxvr@lemmy.world 1 points 6 days ago* (last edited 6 days ago) (1 children)

Even then, rich parents can pay for better education and tend to have better connections. Doing it that way would mostly just fuel nepotism in companies and encourage people to find loopholes to pass on most of their wealth before they die.

[–] Tiger666@lemmy.ca 1 points 11 hours ago

Sure at first, but then it(connections/nepotism) would get diluted and ineffective over time due to the power shift in not retaining the wealth. People aren't your friends when you are that wealthy.

[–] beejboytyson@lemmy.world -5 points 6 days ago (1 children)

So your saying give ppl who gucked up this system more power? That's crazy man

[–] Tiger666@lemmy.ca 1 points 11 hours ago

Is it a real meritocracy like they say? Then prove it, take away all forms of generational wealth. You can only make it on your own merits. This would be fair capitalism. This will never happen because capitalism is a facade, a lie if you will. It is a system designed to keep most of us down through the use of generational wealth. Sure there are exceptions and we celebrate them like sycophants, but they are not the rule.

The only thing crazy is the fact that you support such a system through your inaction or inability to educate yourself on the subject matter.