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  • 46 Comments
Joined 1 year ago
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Cake day: December 23rd, 2023

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  • I disagree, I think the removal of ads is often painted as a benefit that had inherent value. Look at YouTube premium or Prime video. Both haven’t actually improved their offering, just made it worse by introducing ads and insisting users that don’t want to see ads have to pay for the privilege of not being advertised to.

    This means the total price adds up to higher than 100% of the product value, because it’s a ‘premium’ version that comes without advertisement inconvenience.












  • Owning that much of a company that is valued that highly is still damaging to society, even if it isn’t liquid cash. Even putting aside their ability to take out loans with the shares as collateral, if the company is really worth that much it should be owned by a larger number of people with each taking a reasonably sized share to ensure that decisions are not made selfishly.

    Taxing unrealised gains also hurt working class people dabbling in the stock market to try and improve their circumstance. IMO once you reach a net worth of $1B you get a pat on the back that you won captalism, and a 200% tax rate on anything beyond that to force you to give it up. No one person should own and control so much of a company if it truely has so much value, divide it among those that created the value i.e. the employees.





  • I agree with every point you made, and obviously this is better than having no cap at all, but this is exactly what makes the argument a false dichotomy, which the government is doing more than you were. Any positives are only relative to the single invented alternative, not any of the better solutions.

    The simple fact is that public services like public transport, the NHS, postal service etc should not need to be profitable. They should never be expected to support themselves financially and should be funded by taxation on those who can most afford, not increasing the cost for use by those that most require its services.

    Public services will continue to crack and fail until we have a government that understands this.