LVMH owner Bernard Arnault, who could take €1bn hit, says proposed 2% levy ‘aims to destroy liberal economy’
  • HubertManne@piefed.socialEnglish
    0·
    10 months ago

    you guys already don’t have musk, trump, bezos, ellison, zuckerberg, trump! All of them choose not to live there due to your repressive laws! Do you want to lose arnault as well! If he leaves he may never become prime minister or president. Do you really want that?

    • UnderpantsWeevil@lemmy.worldEnglish
      0·
      10 months ago

      Okay, but what if the financial sector launches a capital strike?

      Cuba is a great example of the results. Powerful worker state, but it is bottled up and suffocated by the US led embargo.

      • cecilkorik@lemmy.caEnglish
        0·
        10 months ago

        Then the world must go on labor strike. Capital requires our consent. Withdraw consent, seize the means of production and begin the class war. We are outgunned, but they are outnumbered, and we can easily get more guns once they can’t get any more numbers.

        Viva Revolución, Viva Cuba Libre!

        • wheezy@lemmy.mlEnglish
          0·
          10 months ago

          Vietnam would like a word.

          Edit: I’m not pro death penalty (latest update has Vietnam actually removing it for this crime due to this case) but just showing the absolute night and day difference between how they treat capitalist that cause death and poverty through their greed.

      • wheezy@lemmy.mlEnglish
        0·
        10 months ago

        When they inevitably try to pretend they are pulling business from new York when Mamdani becomes mayor. Please, everyone, use this as an opportunity to show how evil the structures of capitalism are.

        It will be a perfect time to explain class conflict to your liberal friends. The interest of the people of New York will be held hostage by capital. And overwhelmingly popular policy will be talk about as “unrealistic” and “poor economics”.

        Yes, that is why capitalist must lose their power. They are holding the popular policies of the people hostage. That power should not exist in their hands but the hands of the people.

        Capitalism is incompatible with democracy. The economy and politics are not separate. We cannot have a dictatorship controlling our companies and economy and call it a “democratic process”.

  • ShaggySnacks@lemmy.myserv.oneEnglish
    0·
    10 months ago

    Bernard Arnault is worth 157.3 billion USD. $1 billion dollars is 0.6% of their wealth. That’s fucking couch change. These fucking ghouls are so worried about their precious wealth they are willing to doom all of us.

  • Babalugats@feddit.ukEnglish
    0·
    10 months ago

    “Making crime illegal would be detrimental for hospitals, electronics stores and insurance companies among others” says Europe’s biggest criminal.

  • grte@lemmy.caEnglish
    0·
    10 months ago

    This is the most disgusting kind of discrimination! The kind against me!

  • IninewCrow@lemmy.caEnglish
    0·
    10 months ago

    They killed kings and queens with unbelievable wealth in France centuries ago and the country is still here. It proved that a nation can survive without a handful of people with massive wealth.

    • NoneOfUrBusiness@fedia.io
      0·
      10 months ago

      The point you’re trying to make is true, but your example doesn’t support it. By the time of the French Revolution, rich private citizens were already wealthier than the aristocracy, and those guys got even richer during the revolution after having bought former church or emigre land for pennies on the dollar. The French Revolution was a disaster on the wealth redistribution/“eat the rich” front.

      • shutz@lemmy.caEnglish
        0·
        10 months ago

        Practice makes perfect! If you don’t succeed, try, try again!

      • FackCurs@lemmy.worlddeleted by creatorEnglish
        0·
        10 months ago

        Yeah… They didn’t kill the king because he was rich. They killed him because he was believed to be a traitor to the nation and to the revolution.

        • NoneOfUrBusiness@fedia.io
          0·
          10 months ago

          And because they just didn’t like him. Murder as a method of social transformation (basically ideology eugenics) was one of the constants of radical leftwing politics during the French Revolution, so killing was just the “natural” way of getting rid of a monarch you don’t want in your republic. That’s where the whole “no man can reign innocently” thing comes from; the pro-execution wing (aka the Mountain) tended to think of Louis XVI as categorically deserving of death, with what he actually did being mostly secondary. I mean, these are the guys who would run France during the Reign of Terror.

  • dogbert@lemmy.zipBannedEnglish
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    10 months ago

    Look what happens to these European countries when Africa tells them to fuck off. Absolute shambles.

    • CosmicTurtle0 [he/him]@lemmy.dbzer0.comEnglish
      0·
      10 months ago

      That’s often my reply. “well we haven’t tried it yet. We’ve tried trickle down economics for almost 4 decades. Why don’t we try a wealth tax for 20 years? You know, for science? Just to see how it works. THEN if it doesn’t work, we can roll it back. How does that sound?”

  • Fermion@mander.xyzEnglish
    0·
    10 months ago

    The existence of an article specifically about his opinions on a theoretical tax shows just how disproportionate the power of being wealthy is. When is the last time any of you were consulted on a tax policy that would affect you?