If we killed Elon Musk and took all of his assets, we could buy every homeless person in the US a $990,000 house.
If we killed Elon Musk and took all of his assets, we could eliminate world hunger for 24 years.
If we killed Elon Musk and took all of his assets, We could buy every NFL, NBA, MLB, and NHL team. We’d have enough money left over to also buy the top 20 European Soccer teams.
If we killed Elon Musk and took all of his assets, we could fund NASA at its current budget for 40 years.
Alternatively if we just took all his assets and didn’t kill him we could put Elon Musk to work in an emerald mine in South Africa and get some added value.
Now that’s a capitalism!
I feel like that wouldn’t be a net gain. How does science feel about his fresh juicy organs?
I personally haven’t ever owned an emerald mine. How often do they conduct the math which weighs the value of a miners output versus the value of their biological mass as a food source?
The first part of their little equation might work, the second part though…
Sounds to me we should kill this Elon Musk character.
These are true facts, however it’s also true that we already have a number of unsold homes on the market greater than we have number of homeless people. We already make enough food to feed everyone. We just choose to let people sleep hungry on the streets. That’s what our democracy has voted for.
So what does musk’s billions and trillions matter? He could have two trillion tomorrow, and we’d still have enough money as a country to take care of everyone, and we would count up the votes that say not to.
These are just examples meant to give context on how much money he has.
And what does that context mean then?
You had me a we could kill musk.
You couldn’t. You would have to sell stock that is at 350p/e ratio. The second you kill him the stocks would lose 800 trillion overnight and you couldn’t realize 90% of that.
Nah. Do what rich people actually do, take a loan out against the stock holdings.
But that wouldn’t work when the stocks lose all the value
Huh, I had no idea that bootlickers were allowed to post here, but here you are, showing your ass to the world.
That guy’s post history is so chock-full of awful bootlicker takes that it’s indistinguishable from an astroturf bot.
And yet no one here can actually figure out how to tax billionaires.
So smart.
Oh yeah I misread the original statement. Tesla is a meme stock so they probably would lose value.
Musk isn’t worth US$800B, it’s how much he’s been permitted to hoard.
No one can earn a billion dollars, that level of wealth concentration can only ever be forcibly extracted from the work of millions of others, or gifted from someone who did.
Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
Corporations are the only ‘persons’ which should be subjected to capital punishment, but billionaires should be euthanised through taxation.
Okay but hear me out: guillotines are really fucking cute.
I’m by no means against deploying a sharp edge with guardrails, I just see guillotines taking many forms.
You could take their money at the same time as their heads, but I’d argue it more fitting for the experience of extraction to be drawn out.
This isn’t about the symbolism. This is about the actual machines. I think they’re cute. We’re at least chopping up some watermelon even if we run out of billionaires.
Can’t cut watermelons efficiently with a firing squad but it sends the same message with less archaic violence. Guns r cute in the right context. Proof: https://share.google/J9Q8VLrWzVYv4DTqc
No this isn’t a euphemism. I think they’re cute and want one in my kitchen.
You realize that it is on the back of stocks worth 350+ p/e ratios right? At 30 p/e he is broke.
He is worth that much because we a country we are winning to buy his stocks are huge earning ratios.
But the magic here, is it’s basically untaxable. The second you try to tax his unraised gains, it ask vaporizes as investors flee.
All the more reason to do it
Why, you would gain nothing and the best case you will vaporize an industry that is the last flight to keep some jobs in the countries before they moved to China byd
Vaporize? The land and equipment aren’t going anywhere. Reorganize the parts of the parts of the business that are actually, physically real and let the workers decide how best to put them to use instead of an egomaniacal Twitter addict.
Elon didn’t own those
The factories, offices, computing hardware, and construction equipment? He’s not the sole owner, but the point of all this is to cut out the money-juggling fluff of passing around ownership between different entities and make actual use of the real-world capital.
Is there a capital shortage im unaware of?
We need so many more Luigis.
No other system can or ever will work. Facts.
Super facts.
Facts beyond fact checking.
Try something else. I dare you.
Wait. No.
😍
I genuinely hope he or pat of his person quits before that and he becomes the too close to sun example in real life.
Only a matter of time until someone else is a trillionaire then.
Same for them and anyone else. I mean, so many people die or get severe health issues every day. I just want some statistics to work that way that’s all. You know how COVID specifically was bad for older people, I am interested in the statistics of something else that’s specifically bad for billionaire class.
Western culture celebrates greed, and remains silent on colonization.
Remains silent?
I’ve heard much about colonization, and I’m in the Western culture. That’s, like, the exact opposite of silent
Luigi was right.
Can someone just guillotine him please?
We all know where he’ll be on June 14th.
I imagine Musky will be lamenting the end of slavery on June 14th.
You wouldn’t get any wealth doing that. His stocks would lose 90% value overnight. Nothing of value would transfer to anyone.
Thats fine, fuck Tesla and spacex
But that wouldn’t affect those companies. They would still run as normal.
I’m GLAD my Tax Dollars are going to HIM and NOT the Starving Children on the Street!
-Protect The Kids Republicans!
Those homeless would probably just use it for drugs.
Oh, I didn’t know they had medical issues. Good for them. You gotta watch your health.
The system is broken.
His shitty IPO is coming up, so that’s gonna sink soon.
How much of that 800 billion is SpaceX though? I figured it would mostly be Tesla.
It’s because he works so hard and pulls on them bootstraps!
Musk has assets, not money. If everybody of the 8 billion people would get $100 worth of those shares nobody could eat one bite more unless some people start buying the assets and restart the cycle.
Musk has control over companies, over capital. When do people start doing the same, as people, instead of handing their money and control to index funds?
Billionaires lend against those assets, so they can buy stuff. Does Musk sit under a bridge, 'cause he has “only assets”? Where does the money come from?
He lends against his assets. Once the bank wants to collect, his assets are worth more, so he lends more and stays afloat. Bonus points: he’s saving on taxes now, 'cause he’s in so much debt.
If everybody had those shares, they could play the lending game as well. Only, they can’t, because nobody lends against one share ¯\_(ツ)_/¯
So the problem is that not everybody is rich?
Meanwhile everybody could vote for a party that supports universal healthcare and UBI. Musk is not the problem. Focussing on Musk distracts from the possibility that the next election can change everything.
You know, we could all work together to make sure he doesn’t.
