if you're seriously implying that people who put in a little work and built a software program or internet website that they managed to sell for billions at the turn of the 21s t century worked 'hard' then you're very out of touch with reality
working hard is someone slaving away in a coal mine or farming day in and day out. proportionately for the money, Bill Gates didn't work 'hard'. he worked hard probably in the sense of his job but a lot of it is LUCK.
someone like Bill Gates could do all of the work in his life 100 lifetimes over and it wouldn't justify the amount of money he has
and I'm not throwing judgement per say directly on someone like him, because it IS a free market. but I mean to throw judgement on the system as it is. no government should allow individuals to become that powerful and that wealthy
I don't think anyone here could give me a reasonable and logical explanation of how its HEALTHY for the world to have people with that much of the percentage of wealth
it would be like the comparison of 10 people being stuck on an island and exploring it, right? and one person working the hardest to find where a patch of the only food, the melon trees where. Just because the one person worked hard and found the melon trees doesn't mean they should automatically be allowed to keep ALL of the melons (wealth)
I actually generally support capitalism and a free market but there NEEDS to be caps. if left totally uncontrolled what happens is the wealthy get wealthier and the poorer get poorer
if you look at the past few decades that's exactly what's been happening. some people may be fooled with inflation and think that the poor are not getting proportionately poor as the richer get rich, but they are
take a simple stat like the minium wage from 1980 and compare it with today and you'll see that if it was adjusted accurately for standard of living then the national minium wage would be like over 15.00$
there needs to be SOME administering of rules about wealth and income. We have a tax system yet there are no particularly special rules about people with insane amounts of wealth and there should be. like raise it to 75% tax if someone is making hundreds of millions of years
of it not that then maybe something like a 50% total wealth tax / death tax when someone dies.
there needs to be something in the system to prevent a never ended caste system in which a few select individuals become wealthier and wealthier and others become poorer and poorer. I speak specifically about the USA, but in a lot of other places it worse obviously.
there's no reason that stricter tax rules haven't already been enforced on the ultra rich EXCEPT for the fact that the rich family's / corporations control the media and politics to some degree. that's the only reason it hasn't happened
again though, the concept is not socialism but just putting wealth caps. No one can give a reason as to why one individual should have billions of dollars. No reason. it would take many lifetimes to 'honestly' have put in enough work for that