You can have a capitalist economy without billionaires. It just requires a wealth tax and welfare state. Nothing wrong with small businesses and anti trust.
All that said, UBI is inevitable with the rise of automation, as the value of labour drops to zero. The only question is: will the labour class fight for their share of the pie, or will they roll over and just die of hunger.
Just because I’m not a communist doesn’t mean I’m not in favor of eating the rich.
But if your ideology respects passive income , how can you Murder those that have passiv income ?
I’m not against passive income, I’m against billionaires.
“i am not against billionaires , i am against billionaires”
You know that most retirees rely on passive income, right? That investment is for the working class as well as the bourgeois and wealthy? Fucks sake, I wait tables and I invest, both in stocks and real estate.
i do not know that because it is wrong. Retirees deepend on their Pension. the Pension is from their earlier income .
Passive Income is Landlords and Interest … if you Try to Put Students and Retierees in there you are a Classtraitor or 10.000 miles under the Water …
Maybe this is different where you live, but where I live, most retirees have retirement investments, not pensions, and even pensions are usually drawn from a fund that is invested in the market. You can argue this shouldn’t be the case, but you cannot seriously argue that this is not the case.
and the Fund is filled by what money ?
the Company profit or part of your Wage ?
watch this video you will understand afterwards…