Conceptually yes, you can be too rich. Thank you Karl Marx
The billionaire class of today are taking away your rights left and right, Facebook, Google and Twitter censoring, Bezos wiping put retail and mom and pops and gaining untold power and his workers are two steps away from slave labor.
Zuckerberg spent millions to sway the votes away from Trump to Biden
..and you stick up for these autocratic oligarchs.
These folks are dangerous.
I Know I know I will be called a commie liberal. I want people to have has much as they want to earn but the system we have today with billionaires controlling our press, govt and elections is outright dangerous.
There needs to be controls to their power.
You are correct. History shows us that extreme wealth disparity has been met by things like the French Revolution and the Communist Revolution. In an earlier post, I subscribed to the idea that we need to tax the super-rich at the 90% level AND reduce our government spending to bring the national debt down. I wasn't surprised that this proposal was met by ridicule. I also suggested to look at the tax rates for the super rich in the 40s 50s and 60s. Many will be surprised. Too many billionaires are being taxed way too little. Too many corporate oligarchs own our legislators. It's time that these people and super rich corporations (Amazon, Google, Pfizer ....) pay more --- much more!! If wealth continues to accrue at incredible rates toward the top 1%, history tells us that there will eventually be serious consequences to the billionaires and those in power.
Our government would be wise to take some lessons from history regarding the consequences of acute wealth disparity.