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Billionaires should not exist. Under capitalism, this should be enforced by a maximum wage, and very high minimum wages. But capitalism should be replaced completely with Socialism.
@9J647GT1yr1Y
if everyone is making the same money there is no incentive to find that next new thing or offer the best in service. you would have a batch of lazy people just waiting on their check to get a new box of fudge rounds.
@9J5VTWP1yr1Y
If there were no billionaires in the world then I feel we wouldn't be as advance as we are, because very smart individuals who have money made some of the inventions we use today.
@9J5VD871yr1Y
Communism hasn’t really worked before. A world without billionaires would be a world with a lower wealth-ceiling, but it may also lower the amount of determination throughout the overall economy. The economy is inherently a competition, the American economy, so taking the competition away and giving everyone a medal would be a massive adjustment for the majority of Americans. Communism is a nice idea on paper, but the real-world and human factors of our nation make it not so appealing or realistic.
@9RYWTRQ11mos11MO
Saying that communism accross the wolrd has not lied is such a non statement, no communist or socialist state was ever given a fair chance to survive or work alone as a country without america trying to end their existence, the only people that would be negatively affected by socialism in america would be the humongously wealthy corporations who oppress their workers and harm the people who have to exist in a capitalist system.
I think it would affect innovation and technological advancements in so many different ways.
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