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The only acceptable number, but not only in Europe, everywhere, is “0”.
And if you already don’t know why: a billionaire has way too much money and power, and can influence governments in their favor, creating unsurmountable inequality and subverting the system’s rules. Billionaires are the cause why capitalism is failing (and since no one can stop them now, it will completely fail, and will drag the environment, and human survival, with it).
Yes, but capitalism isn't failing: billionaires ARE capitalism
When I say capitalism is failing is because for it to work, it need rules (offer/demand, competition without monopolies, etc), that these billionaires have eliminated or subverted. They changed the game rules in their favor, and are now so powerful it’s impossible to stop them (non violently, I mean). I honestly think we just entered a dark era of humanity, one in which its existence is in question. And yes, I’m a pessimist, but I try to be optimistic with all my might, but everything I see or read prevents me from being optimistic.
When I say capitalism is failing is because for it to work, it need rules
Because it is unstable. It is much easier to disrupt the system than to balance it in a stable-like state against it's nature. Capitalism has gotten out of hand and will collapse sooner or later. And no: I am not a pessimist
I think the better comparison would be the number of billionaires per capita. Say, per million people. Not that this isn’t a good infographic - keep the overall count. But include the per capita as a frequency-of-occurrence stat.
We need an EU wide 100% wealth tay for any wealth over say 15million€. I am willing to negotiate about the second number.
Tay them all!
So anyone who gets a certain amount of money might as well close all the companies they own?
Or give them to the employees or something. Probably 15M is a too low threshold to enforce that but it would work. It would basically distribute the wealth amongst the people who produce it
Maybe not 15 million, but let's say at 100 million you get a dog park named after you with a statue that says you won at capitalism
I didnt knew this Graph but damn..
And this is why you could tax them at 80 or even 90% and they would still have more money than 90% of the rest of the population of earth.
That's a lot of food to eat. Better get started.
Trickle down economics works like a piñata. Once you break it open with blunt force, the stuff you want starts to trickle down!
blood?
blood.
Only 3 in Monaco ? *suspicious*
There’s some bookkeeping sorcery going on there, gotta be
Also: why’s it yellow? It’s got 3, so it should be green
The other 2000 billionaires have their residence in Panama, their 5 parent companies in Seychelles and 10 others in Cayman Islands, which in turn own 100 subsidiary companies in Ireland and the Bahamas which in turn own 1000 subsidiary companies in the Netherlands and Delaware, which own and pay their butlers, cars, yachts and jets and on paper they themselves barely earn enough monthly themselves to afford 1 public toilet visit.
That’s a lot of guillotines
Even if we had to use a private submarine for each one it would still be worth it
It would make more sense to use per capita numbers.
These are eatable numbers
Am I the only one who finds the color scheme unintuitive? (a comment more suitable for DataIsBeautiful, probably)
It’s important to remember that while all billionaires are bastards, some are just evil because they take value they neither earned nor need, meanwhile others got rich off being the family whose spat between cousins was WWI and are actively working to undermine left wing and pro equality movements literally today including conspiring to push bigotry towards lgbt people to distract from the class war
Is this based on nationality (defined as: has that nations passport) or billionaires actually living in that country? Because probably many billionaires don't live in their home country or pay taxes there
didn't know we had so many billionaires!
Portugal's only billionaire might be Abramovich, who gained PT nationality through a very dubious program
Another reason why Portugal is doing it right
Not really, we might have only one billionaire, but all the millionaires are very greedy, as well as the upper clear as a whole. Combining that greed with the sky rocketing cost of living, mainly due to digital nomads and airbnb, we're certainly not an example. Just a collapse waiting to happen.
