Posted on 10/24/2025 1:01:45 PM PDT by grundle
Bernie Sanders said:
“Billionaires should not exist.”
Source:
https://x.com/BernieSanders/status/1176481898685710337
Zohran Mamdani said:
“I don’t think that we should have billionaires.”
Source:
https://www.youtube.com/watch?v=VowT8L8Uu6k
I have four questions for Sanders, Mamdani, and anyone else who believes that billionaires should not exist.
But first, I’d like to present some background information before I ask those four questions.
Aluminum used to be so expensive that it was considered a precious metal. When they built the Washington Monument, they put a 20 pound piece of aluminum at the top. At the time, it was the biggest piece of refined aluminum in the world.
Since then, some greedy capitalists figured out how to make aluminum so cheap that today, people throw aluminum foil into the garbage.
Those greedy capitalists became billionaires because of what they did.
And we are all better off as a result.
Source: https://en.wikipedia.org/wiki/Hall%E2%80%93H%C3%A9roult_process
The same thing is true for the people who created LEGO, Harry Potter, and so many other things. Those people became billionaires. And they did so by making other people better off.
Wikipedia has a list of billionaires per country. I clicked twice on the part where it says “rate,” so it would show the number of billionaires per capita in each country. Here is a screenshot of this that shows which countries have the highest number of billionaires per capita. This is only part of the list. The total number of countries that have billionaires is a lot longer, and you can read the complete list at the link.
The thing that I find most interesting about that screenshot is that it shows that Sweden actually has more billionaires, per capita, than the United States.
If you go to the link and read the entire list, you will see that there are certain countries that are not on the list, because they don’t allow people to become billionaires. North Korea and Cuba are two of these countries.
Regarding the countries that don’t allow people to become billionaires, immigration patterns prove that no one wants to live in those countries. All of the immigration regarding those countries is out of those countries. No one moves into those countries.
Now that I have presented this background information, here are my four questions for Bernie Sanders, Zohran Mamdani, and anyone else who believes that billionaires should not exist:
1) Would you rather be a middle class person today, or the richest person in the world 200 years ago?
2) Based on that wikipedia list, would you rather live in a real world country that has lots of billionaires, or in a real world country where it’s impossible for people to become billionaires?
3) Why do you think it’s a bad thing that the creator of Harry Potter became a billionaire?
4) What do you think of the fact that Sweden has more billionaires, per capita, than the U.S.?
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Sanders and the
Mamdani family are mere millionaires. Millionaires are fine.
All for Capitalism, it’s the only system befitting of fallen humans...And Elon Musk is one of my favorite public figures right now. He’s not even a billionaire, but a trillionaire!
But without these warning, they and we all fall:
“It is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.” - Mark 10:25
“For the love of money is a root of all kinds of evil, for which some have strayed from the faith in their greediness, and pierced themselves through with many sorrows.” - 1 Timothy 6:10
Not the right questions.
Start HERE:
Under fascism, the means of production are nominally owned by private individuals or corporations, but the state exercises ultimate control over their use and disposal, effectively subordinating private ownership to the national interest as defined by the regime.
This system is often described as “capitalism with a capitalist veneer” or a “state-private partnership,” where private property exists in form but not in substance, as the state retains the power to dictate production, pricing, wages, and investment.
The state achieves this control through mechanisms like official cartels, mandatory industry-wide planning boards, and the suppression of independent labor unions and market competition.
While private ownership is preserved, the ruling class under fascism remains the capitalist class, as the fundamental economic relations of capitalism—such as the production of surplus value and the drive for capital accumulation—persist.
However, the state centralizes economic control, suppresses conflicts between different branches of capital, and pools risks to serve the goals of national strength and militarism.
This results in a “steered economy” (gesteuerte Wirtschaft), where individual capitalists must subordinate themselves to a unified national policy.
Fascism does not abolish private property in the way socialism does, but it transforms ownership into a state-granted privilege contingent on loyalty to the regime.
The state may nationalize certain industries directly, but more commonly, it controls private owners through political authority, licensing, and the threat of force.
This system is not a rejection of capitalism but a response to its crises, designed to preserve the capitalist system by eliminating class conflict through state-enforced “class collaboration” and the suppression of socialist movements.
As such, fascism is seen by some as “capitalism in decay,” where the state intervenes to protect the capitalist order when it is threatened by revolutionary movements.
Bernie Sanders, Zohran Mamdani: “billionaires should not exist”...except for them...!!!!
The rich create jobs and finance a booming economy, which the left HATES.
The Left HATES you and I and they HATE anything that helps you and I including billionaires. Just remember that.
The Left are LIARS. Do not believe a word the Left says.
Democrats used to hate Millionaires. Then, they became the Party of the Rich. Now they hate Billionaires because there are only a few of them to annoy.
The Bernies of the world likely have no opinion on billionaires. (I'm sure you've all noticed that the socialist's screed went from millionaires to billionaires once Bernie himself became a millionaire, but I digress.)
Railing against billionaires and millionaires is for their base to get enraged about.
That's it. It's a way to fire up the ignorant.
But they love Bill Gates, Soros, etc...
So maybe only Trillionaire(s)
(Elon Musk)
A considerable number of leftists (and some others) would prefer to be the richest person in the world 200 years ago.
They prefer personal power over others to things like air conditioning, pressurized water systems, instant communications, fast international travel, and central heating.
They prioritize status far above comfort or safety.
Excellent post.
A lot of the hostility towards rich people IMO is rooted in either outright jealousy or political posturing as a means to to gain power over the masses who are generally jealous of rich people.
Elon is one of the few exceptions to the no billionaires rule for me. It’s not how you make the billions but what you do with it IMHO.
Most billionaires earned their money through capital markets inflating the value of their stocks and options earned from companies they founded. Not all of them have $1 billion in cash on hand. Some inherited it. Very few earned it through cash flow though maybe the Buffet crew did.
It doesn’t fire up the ignorant, so to speak. It fires up the over-educated who feel undercompensated. All those people with Master’s degrees that are useless and can’t get them a job that pays better than a filing clerk at the DMV. THOSE are the people who buy into resentment.
So yeah, maybe they are ignorant. Overly educated but still ignorant.
You don’t know how pleased I am that it wasn’t pronounced “aluminium”. Why do Brits insist on doing that?!?
I’ll stop at the library and take the lift to the floor where the Oxford English collection is stored and find out.
last i heard Musk was worth about 500 million which is a lot more than I have, but I don’t care. So how did he double his worth?
Big thumbs up!
Bkmk
It is said Arafat was a billionaire followed by the Castro junta
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