I lived in a world without billionaires - Eastern Europe pre-1990.
It wasn't a world without powerful people though: party nomenklatura and their friends ruled us with an iron fist. Not billionaires in numbers but in lifestyle, power and ruthlessness.
Together with actual billionaires, we also lost all the products and services their work created in process of making them billionaires, so we were all cold and hungry.
I learned then to cherish societies where one could become billionaires: it meant there was enough economic freedom so that the tiny insignificant me could carve a honest, dignified living for me and my own without begging politician mercy for handouts.
howlingfantods|3 months ago
nickpp|3 months ago
It wasn't a world without powerful people though: party nomenklatura and their friends ruled us with an iron fist. Not billionaires in numbers but in lifestyle, power and ruthlessness.
Together with actual billionaires, we also lost all the products and services their work created in process of making them billionaires, so we were all cold and hungry.
I learned then to cherish societies where one could become billionaires: it meant there was enough economic freedom so that the tiny insignificant me could carve a honest, dignified living for me and my own without begging politician mercy for handouts.
We should have more billionaires.
unknown|3 months ago
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coffeebeqn|3 months ago
nichos|3 months ago