Sorry, you misunderstand. I’m not defending billionaires, I’m condemning politicians.
Politicians and policy should not be for sale in the first place. The fact that they are means, yes, rich people have more power to control policy, but the solution isn’t to ban rich people from getting rich. We need to ban money from influencing policy.
Instead, the Supreme Court decided that money is speech and political corruption is protected by the first amendment. We need to undo that.
The brain dead part are the people (apparently common on hacker news) who think that stopping people getting rich is a better solution than, for eg., campaign spending limits.
Politicians and policy should not be for sale in the first place. The fact that they are means, yes, rich people have more power to control policy, but the solution isn’t to ban rich people from getting rich. We need to ban money from influencing policy. Instead, the Supreme Court decided that money is speech and political corruption is protected by the first amendment. We need to undo that.
The brain dead part are the people (apparently common on hacker news) who think that stopping people getting rich is a better solution than, for eg., campaign spending limits.