America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.
Every day we’re here just to learn billionaires & families should be crushed and their wealth redistributed amongst third world countries.
That would just make other billionaires somewhere else. The problem is the system not the people
He did not say “once”. I think they’re suggesting a systematic approach. I periodic Purge if you will. Like some shitty movie.
The moment they go above a certain amount and still act shitty, they are food.
I wouldn’t care about rich people if they just paid their workers, paid their taxes, looked at reducing the pollution of their companies, didn’t lobby against the public interests, and just were all around swell people.
The problem is that they aren’t, none of them are.
Either they become like that from being rich, or only awful people are moralless enough to become rich. But there isn’t a single good rich person.
Yup, the problem is firmly the system, but suggesting a worldwide change to socialism/communism is less “palatable” and believable by the average person.
So “eat the rich” is a decent compromise for a comment not intended to approach any sort of complex answer, while still being a move in a better direction than suggesting things to continue as they are.
Suggesting a replacement system is infinitely more palatable to me than another Reign of Terror followed by (presumably) the same mistakes. Revolutionary defense is fine, but we don’t need bloody revenge.
Why advocate for structural changes when we can meme fedpost about a violent solution?
Redistributing the wealth of billionaires is already part of a good structural change, it’ll remove from them power they’d use to continue the exploitation of the people. You can substitute “crush” by destitute and incarcerate them if you’d prefer, as long as the wealth isn’t on the hands of the few anymore.
If anyone is asking how do we pay to solve the climate crisis. I think its pretty clear who should be paying.
So fucking sick of billionaires
What do you even do when you exceed 100 Millions?
They must be mentally sick in some way “just one mooare billion pleaaase”
If you have over a billion dollars, you could spend every waking moment shovelling money into a fire and you would still have over a billion dollars when you die
When I first started reading this sentence, I thought I was with you, but by the end I was scratching my head.
My point is how much money a billion is. You literally couldn’t get rid of it fast enough to keep it from piling up (assuming it is accruing risk free interest).
Yep. They earn interest on their money often faster than they can spend it. It makes less than no sense.
We need a 95% tax bracket for anyone that makes more than a few million/year.
And a wealth tax for people having more value than like 10 millions (or less actually).
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A few million/year is a reasonable amount of money for a (highly) successful person to make. A wealth tax for people making over a billion or just $100M per year is enough to fix a lot of the problems in this country without destroying the “American dream”
The way I see it, if you make enough money to buy a nice, moderate house in California or Hawaii once per year, you are already making too much money. My cutoff would probably be closer to $2-3M… though I’d be willing to go higher if paired with an annual “wealth tax”… say, if you have a value of over - for example - $20M (incl. stocks and any other non-liquid assets) you must pay 20% of any excess value in taxes annually. That would be on top of the 95% multimillionaire income tax.
Anyone else just feel like we should eat the rich?
I think it’s way overdue.
On one hand, yes, on the other, eating shit isn’t very appealing.
Won’t stop the meat producing companies or the oil companies from existing - that just moves the emissions of them to their heirs.
That metric is really bad - as long as there’s demand for gas or meat those emissions need to be attached to someone - and attaching them to the owner just takes away all responsibility from everyone and tells them that they don’t have to change anything.
If BP would Stop producing oil tomorrow the price would probably jump but then other companies would step in and fill that gap and nothing would’ve changed pollution wise.
Envy and jealousy will get you nowhere in life. Strive to do better. Maybe join the upper classes through hard work and sacrifice?
“You don’t understand. Ferengi workers don’t want to stop the exploitation. We want to find a way to become the exploiters.”
— Rom
We already work and strife more than those upper classes ever would in their entire life.
How about those upper classes pay their due taxes instead of using loopholes to be a leach on society?
Either that or we eat them.
Thanks for the suggestion I just became a billionaire
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TL;DR: one doesn’t become rich by respecting others.
There’s a steep cliff between the 95% and the .01%. I wonder what proportion is just the .01
The income of the top 1% alone – households making more than $550,000 – was linked to 15% to 17% of this pollution.
The report also identified “super-emitters.” They are almost exclusively among the wealthiest top 0.1% of Americans, concentrated in industries such as finance, insurance and mining, and produce around 3,000 tons of carbon pollution a year. To put that in perspective, it’s estimated people should limit their carbon footprint to around 2.3 tons a year to tackle climate change.
Thank you for finding that for me
Got it. Eating the rich for protecting humanity by protecting the climate.
but because of the fossil fuels generated by the companies they invest their money in.
Lemme go ahead and roll my eyes here. Yes, American Airlines produces a significant percentage of the world’s greenhouse emissions. But they burn that fuel for the passengers, not just for the benefit of shareholders. Same with ExxonMobil, BP, etc.
Consumption is what drives pollution. Investments to profit off of that consumption is secondary.
Their biggest success is convincing common folks it’s out fault.
Consumption driven by advertising based on Edward Bernays work, which explicitly intends to create fissures within people and then sell them cures to the fissures they created,m. Just disallowing advertising would have a substantial effect on consumption.
CO² tax on oil and fuel production i say.
As much as I understand the hate towards rich people governments are just as much at fault for subsidising, directly funding and giving land to those companies in the first place for people to be able to make money off them.
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Because capitalist governments serve the capitalist class
Yeah those governments totally have no input from the rich whatsoever lmao
They may as well be polluting methane gas because they’re so full of shit
This is the best summary I could come up with:
America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.
That gave a carbon footprint for each dollar of economic activity in the US, which the researchers linked to households using population survey data that showed the industries people work for and their income from wages and investments.
The report also identified “super-emitters.” They are almost exclusively among the wealthiest top 0.1% of Americans, concentrated in industries such as finance, insurance and mining, and produce around 3,000 tons of carbon pollution a year.
Kimberly Nicholas, associate professor of sustainability science at Lund University in Sweden, who was not involved in the report, said the study helps reveal how closely income, especially from investments, is tied to planet-heating pollution.
Sometimes when people talk about ways to tackle the climate crisis, they bring up population control, said Mark Paul, a political economist at Rutgers University who was also not involved in the study.
Globally, the planet-heating pollution produced by billionaires is a million times higher than the average person outside the world’s wealthiest 10%, according to a report last year from the nonprofit Oxfam.
I’m a bot and I’m open source!
It’s a stretch to say that because they invest in a company, that they “produce” the greenhouse gases that that company emits.
Yeah, they could invest elsewhere but it’s just disingenuous to say they’re responsible for all those carbon emissions.
If they invest and demand the biggest profit by countering greenification policies so they get more money as shareholder, then they definitely are responsible for the companies pollution.
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Why would capital have anything to do with it?
A private jet that pollutes 1.2 metric ton for a flight where a regular diesel car would pollute 0.3 metric ton. Isn’t going to be better just because the private jet costs 4 million while the car is only 30 thousands.
Pollution is pollution, doesn’t matter how much it costs. The planet doesn’t care. It will die anyway and take us with it.
So please, tell us why it is “obvious” to you.
It is going to be better because of there being much fewer private jets than regular diesel cars.
Pollution is pollution, doesn’t matter how much it costs. The planet doesn’t care. It will die anyway and take us with it.
Damn fscking right it doesn’t. However, “cost” is a human concept, and humans do care. So if you want to reduce pollution, you’ll choose in favor of less pollution for the same amount of activity, and that is measured in dollars.
So please, tell us why it is “obvious” to you.
I just have.
No because assets and their place in capitalist enterprise represent control. I.e. an owner has fundamental rights to use workers according to the owners needs, and the owner also has the option to advertise and otherwise facitate propagand and take part in political process, including lobbying and corruption to affect circumstances outside of their direct control for example customer demand and government regulation, all of this control is proportional to the absolute wealth of that person family or group.
Obviously this is not to say the owners are in full control of all of their workers and assets individually, it’s just that they decide the system that all workers must use and this has an obvious effect on the things these workers do.
So the useful metric is certainly not pollution per $/person but one that is proportional in some way to the total wealth.
Sure this control can be mutually beneficial for the owner and the society at large, but it’s pretty clear now that with fossil enterprise especially, this is not the case, control gained from extracting an unfortunate life necessity from the ground, a resource that is set to destroy life on the planet as we know it, should not be able to be used for anything but to replace itself as quickly as possible, the tactic for the last 50 years from these owners was the opposite.
You are mixing up the correct metric for a person and the correct weight for a person .
I imagine a huge chunk of the rest 60% is CCP’s doing.
I know a lot of folks have axes to grind, but you really don’t have to pull out your whetstone everywhere.
29% incase you were wondering
