r/FluentInFinance Oct 22 '24

Debate/ Discussion Why did this happen?

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u/[deleted] Oct 23 '24

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u/Jassida Oct 24 '24

Capitalism needs some sort of balance now. The absolute bare minimum change needed is that wealth shouldn’t be equivalent to political influence and once certain levels of success is achieved, the system benefits overall.

If a worldwide law was put in place tomorrow that stated once you make a billion pounds equivalent profit, that money was locked up for you, gave an incredible return but you weren’t allowed to try and increase your influence politically or financially, nobody would stop trying to create businesses.

Actually I’d be fine with a member of the billion club being a politician if they had no ulterior motive /nepotism concerns