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by dangus 1570 days ago
Obviously, I'm aware that billionaires can't just liquidate their net worth.

I'm just using the analogy to show just how much more wealthy a billionaire is than a millionaire. For example, millionaires on TV news or playing football for your favorite NFL teams are like minimum wage employees when you consider their relative wealth compared to the owners of those organizations.

The point of the analogy is to show just how much the wealthiest of the wealthy really are, to show that these oligarchs are powerful on the level of a state, on the level of millions of regular people.

You used the boogeyman word, "socialists." In my opinion, capitalist education teaches us to fear "wealth redistribution," but it's not even really about wealth redistribution. It's about excess wealth inequality prevention.

When a small group of people become wildly more wealthy than everyone else, even more wildly wealthy than major business owners and CEOs, they become unelected oligarchs that control the state.

So, if your main argument is "socialism bad," I'd encourage you to think of it more along the lines of wealth and power inequality. I think oligarchs want to distort this message and make it sound like "socialists" are trying to force everyone to make the exact same wage, or increase taxes on regular people, or enact a "nanny state."

Not a lot of people want to end capitalism entirely, they just don't want there to be people out there who are so wealthy and powerful that they can control governments without being fairly and freely elected. They want a relatively level playing field where the best ideas win, not the ideas that come from the people with outsized influence.