• MrCharles@lemmy.world
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    1 year ago

    That… is a very…VERY BAD IDEA.

    Billionaires have enough money to survive an economic crash without batting an eyelid. Do you?

    • Maggoty@lemmy.world
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      1 year ago

      Most billionaires aren’t billionaires in cash. If the market crashes, so do they. Now they might be reduced to “only” a hundred million or so but that can be catastrophic when your personal finances depend on billions in stock backing up a series of long term rotating loans.

      They wanted to use the market to exploit the people. But that makes them vulnerable in a way rich people didn’t used to be vulnerable.

      • Gerula@lemmy.world
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        1 year ago

        Yeah, but that “catastrophe” you and I won’t see it. We would have died already out of hunger or disease. You cannot survive only on hate itself.

        Edit: typo

        • Maggoty@lemmy.world
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          1 year ago

          Eh, when food gets scarce there’s a few ways things can go. Usually the people in charge try to stop those kind of extreme events by handing out food. It’s when there’s a dust bowl at the same time that things get nasty.

          • Gerula@lemmy.world
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            1 year ago

            Yeah, go ahead and think you can live on handouts from the rich and powerful, whose economy you’re trying to wreck.

            • Maggoty@lemmy.world
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              1 year ago

              That’s uhh not how real life works. It ain’t a story where morality (yours or mine) matters. Hungry humans get very desperate and has been the cause of more than one period of extreme violence. That’s why people get fed when governments can do it. Not because of any sense of charity.

              • Gerula@lemmy.world
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                1 year ago

                In a wrecked economy the government can’t do it. Because the government is not a magical entity. Then what?

                • Maggoty@lemmy.world
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                  1 year ago

                  The government is more real than the economy. It’s made of actual people doing actual things. In a total economic collapse but with a good food supply government ration stamps become the new form of pay. Again. This has happened before. They can’t wave a magic wand but they can physically work together in their pre-existing hierarchy.

                  • Gerula@lemmy.world
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                    1 year ago

                    You have no ideea what are you talking about!

                    A good food supply means a working economy, for gods sake!

                    You need seeds, water for irrigation, fertilizers, tractors, various attachments to them, trucks, fuel, silos, for storin, dedicated plants and educated people to build and maintain everything. And I haven’t reached animal husbandry or food processing!

                    Or you would argue that we all do subsistence agriculture because then I have a very bad news for you. Where to many for ineficient low yield agriculture and even if this wasn’t a problem,many, like you, don’t know how to do it.