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Economy

jmbar2

(8,208 posts)

5. yes!

Reply to BootinUp (Reply #3)

Sat May 30, 2026, 12:11 PM

Saturday

Once a company reaches stratospheric valuations, it should be nationalized, after paying a fair value to the "owner", similar to how Norway's Sovereign Wealth fund nationalized oil. Distribute the ongoing revenue stream to promote the common good, rather than the useless eaters at the top.

None of those billionaire/trillionaire businesses would be possible without the massive collective investments of individuals and governments in education, research funding, infrastructure, etc. Society deserves a better return on that investment.

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Highlight:

The case against billionaires- Justin Wolfers (01:34) [View all] jmbar2 Saturday OP

This man is a genius with a moral core. Keep speaking out Justin. Irish_Dem Saturday #1

One of the best explainers of economics ever. So glad that he has his own platform. jmbar2 Saturday #2

He is so good at what he does. He brings economics into the colloquial. yellow dahlia Saturday #4

Maybe it would be easier to ban trillionaires first. nt BootinUp Saturday #3

yes! jmbar2 Saturday #5