The true purpose of socialism is the redistribution of wealth to the redistributors.
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The tech titans just don't get it: Sure, the Marxist usurpers will take all the money you give them, but the Marxists still despise the tech titans for having all that money in the first place.
Even worse, the demands of the far-left extremists (e.g., BLM) never end. No matter how much you give them, they always respond by demanding far more. And it's never enough. Never.