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by imgabe 48 days ago
Who is going to cap how much a company is allowed to be worth? Or how much of the company you start you are allowed to own? Why should anyone have the power to do that? That is a far more evil power than any billionaire has.
1 comments

We are. All of us. If enough of us agree, we can make any rule we want.
So "enough of us" can take anything by forcing the asset to be valued at an artificially high value, force them to sell it for taxes, and then reduce the price down again to keep it ourselves?
Yep. That’s how democracy and law work.
Mob rule is not something to celebrate.
How do you, personally, distinguish between democracy and mob rule?
In the extreme there is no distinction. This is why the US and almost every other democracy are not direct democracies.
Things he wants = democracy

Things he doesn’t want = mob rule