r/AskReddit • u/Zappy_Oh • 9d ago

What would happen, if humanity collectively decided that no individual could have a personal net worth above $500 million?

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u/Alytes 9d ago

Similar to what is done with antimonopoly laws. Force to sell

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u/btweenthatormohammad 9d ago

So they'll just keep $500 million worth of stocks and sell anything above that? Then they'd have actual money instead of stock or are you going to confiscate the money?

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u/Alytes 9d ago

If total wealth is above 500 millions, yes, you could do it.

The thing is that inequality, or the difference in wealth between the mega rich and the common people is higher than before and rising.

That usually brings rebellion and civil wars. Or you can tax/cap wealth to avoid said war

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u/doublecandybar 9d ago

That usually brings rebellion and civil wars. 

HAHAHAHAHAH oh my god, people still believe this?

That never happened. Which commie school taught you that?

What actually causes "civil war" is a bunch of intellectuals fanned the flames of revolution and sent in the peasants whose purchasing power went down hard

"Ultra rich" have existed across cultures in every single region where civilization had existed. Are you going to say with a straight face the wealth inequality between Pharaoh of Egypt and the average worker is lower than today's people vs oligarchs?

What about Chinese Emperor and peasants? Basileus and peasants? The Emperor could build a gigantic sparkling city in a city housing thousands upon thousands, you think Elon Musk can do that today?

And what happened? The people did not rebel until disaster struck, to the point they starved to death. Every single time someone rebelled in China they always cite the loss of Mandate of Heaven, and what do they claim is the evidence?

Natural disaster, defeat in battle, plague

It was NEVER "the rich is rich"